BEN COHEN COLLINS STEWART
Even though these are probably the best results in the sector I’m a seller of Amlin because the multiple looks fairly full. Things like a lack of natural disasters, rising insurance rates and a very strong investment return environment don’t come along at the same time every year. RAKSHIT RANJAN NOBLE
The positive surprise came from reserve releases from the underwriting business while investment returns look at be around the top of the sector, although rivals are also doing well on that front. We’re quite positive that Amlin will deliver sector-leading returns in the full year. MANOJ LADWA ETX CAPITAL
Amlin’s numbers show how a business can flourish despite a recession. A weak dollar and a solid management team have seen revenue increase 52 per cent. Entry into the FTSE 100 is likely to push the shares higher, but any strength in the dollar could impact on future earnings.