A.M. Best's Rating
December 11 2003 - 3:50AM
UK Regulatory
RNS Number:1321T
Amlin PLC
11 December 2003
Press Release
For Immediate Release
11 December 2003
Amlin welcomes A.M. Best A (Excellent) rating for Syndicate 2001
Amlin plc, the leading Lloyd's insurer today welcomed A.M. Best's decision to
assign a financial strength rating of A (Excellent) to Syndicate 2001.
AM Best today said the rating reflects the syndicate's excellent profile and
prospective financial performance, in addition to the financial strength of the
Lloyd's market, rated A- (Excellent), which underpins the security of all
Lloyd's syndicates. It added that Syndicate 2001 has consistently performed
above the Lloyd's market average since its formation in 1997 with projected
results for 2001-3 likely to be in Lloyd's upper quartile.
The rating is based on A.M. Best specific syndicate criteria (see A.M. Best's
Rating methodology for Lloyd's syndicates at www.ambest.com).
Charles Philipps, CEO, commented: "We are delighted with this 'A' rating which
reinforces our strong credentials from a client perspective, and backs up
progress made in recent years in all key areas of our business."
Ends
Contact:
Charles Philipps, Amlin plc 020 7746 1000
Richard Hextall, Amlin plc 020 7746 1000
Peter Rigby, Haggie Financial 020 7417 8989
This information is provided by RNS
The company news service from the London Stock Exchange
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