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Premium rate boost for Catlin

Lloyd's insurer Catlin has seen premium rates rise solidly in the first quarter, leaving the shares too cheaply rated compared with net tangible assets
May 17, 2012

Lloyd's insurer Catlin reported solid premium rate progress with its first-quarter figures this month -rates rose 4 per cent overall, with a 10 per cent rate hike on catastrophe-exposed business.

IC TIP: Buy at 425p