Growth in EU gives Catlin a boost
Lloyd’s of London-based insurer Catlin has announced it wrote nine per cent more premiums in the first three months of the year, rising to $2.01bn (£1.2bn) from $1.84bn a year earlier. The growth, the company said, was largely driven by demand for reinsurance sold by Catlin Re in Switzerland. The group recorded no catastrophic losses during the period, but it did have some exposure to the missing Malaysian airlines flight MH370.