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MS Amlin posts 7% net income rise to £103m in 9M 2024

Net premium earned nearly tripled during the period.

MS Amlin Underwriting’s January to September (9M 2024) net income climbed 7% year-on-year (YoY) to £103m ($129.78m).

Similarly, insurance service profits increased by 6% YoY to £130M ($163.80m) during the period.

Net premium earned nearly tripled (182% YoY) to £1.2b ($1.512b). However, net premium written contracted by 139% YoY to £1.1b ($1.386b).

($1.00 = £0.79)
 

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