MS Amlin Syndicate 2001 falls to 2016 underwriting loss

Syndicate 2001, MS Amlin's flagship vehicle at Lloyd's,
recorded a combined ratio of 103 percent in 2016 following a
significant rise in catastrophe claims.
The 2016 combined ratio was a 15 percentage point increase on
2015.
The claims ratio deteriorated by 14 points to 63 percent, while
the expense ratio ticked up by 1 percentage point to 40 percent.
Net claims incurred increased by 51.1 percent to £813.5mn
($1.01bn) during the period.
The underwriting result fell to a loss of...