17 Feb 2015 06:16
Full year profits from Catlin were slightly behind analyst forecasts, though the speciality property and casualty insurer delivered higher net asset value (NAV) than expected, with its takeover by US rival XL expected to be effective later in the year. Profit before tax climbed 13% to $488m, behind
Read moreFeb 10 (Reuters) - Bermuda-based insurer Catlin Group Ltd , which is in the process of being bought out by Dublin-headquartered XL Group Plc, said it would pay a special dividend of about 12 pence per share following the sale of its interest in telematics auto insurer Insure the Box. The bi
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