Business
Revised Estimate of Losses from New Zealand Ear...
Revised Estimate of Losses from New Zealand Ear....
About this update from Aston Martin Lagonda Global Holdings Plc
[{"type":"text","content":"\n \n \n Revised Estimate of Losses from New Zealand Earthquake\n \n \n\n \n Amlin Plc\n \n \n\n \n \n \n Amlin plc\n \n \n REVISED ESTIMATE OF LOSSES FROM NEW ZEALAND EARTHQUAKE\n \n \n Amlin plc, the specialist international insurer, has raised its estimate \n of claims arising from the New Zealand earthquake of 4 September 2010. \n The revised estimate is principally driven by the increase of the range \n of insured loss estimates for the event in respect of a major client. \n Amlin’s current estimate, based on client estimates at the top of the \n range, is therefore increased to US$160 million, an increase of US$85 \n million on the initial estimate of US$75 million. At current rates of \n exchange this is an increase of £55 million pre-tax.\n \n \n \n \n Enquiries:\n \n \n  \n \n \n  \n \n \n \n \n \n \n Charles Philipps, Chief Executive, Amlin plc\n \n \n \n \n \n \n 0207 746 1000\n \n \n \n \n Richard Hextall, Finance Director, Amlin plc\n \n \n \n \n \n \n 0207 746 1000\n \n \n \n \n \n \n \n \n \n \n  \n \n \n \n \n Analysts and Investors\n \n \n \n \n \n \n \n \n \n \n Julianne Jessup, Head of Investor Relations, Amlin plc\n \n \n \n \n \n \n 0207 746 1961\n \n \n \n \n \n \n \n \n \n \n  \n \n \n \n \n Media\n \n \n \n \n \n \n \n \n \n \n Hannah Bale, Head of Communications, Amlin plc\n \n \n \n \n \n \n 0207 746 1118\n \n \n \n \n Edward Berry, Financial Dynamics\n \n \n \n \n \n \n 0207 269 7297\n \n \n \n \n \n \n \n ","length":3883,"tagName":"div"}]