Acquisition of renewal rights

Amlin Plc AMLIN PLC -0- *T PRESS RELEASE For immediate release 1 August 2008 *T Amlin acquires renewal rights to HCC Fleet business Amlin plc ('Amlin') announces that Syndicate 2001 has acquired for cash, the renewal rights to approximately £20 million of general commercial motor fleet insurance from HCC Underwriting Agency Limited, which will be integrated into Amlin Insurance Services, the UK Commercial Division of the Amlin Group. No other assets or liabilities have been acquired through the purchase. Brian Carpenter, Divisional Underwriter of UK Commercial said: 'This acquisition fits well with our strategy to develop our UK book and further demonstrates our commitment to support our London Market brokers.' Enquires: -0- *T Hannah Bale 020 7746 1118 Group Communications, Amlin plc *T Notes to Editors: Amlin - UK Commercial Amlin is a UK leader in fleet motor business, underwriting a wide range of commercial motor fleet classes in the UK including coach, haulage, commercial vehicle, private car fleet, private/public hire and self drive hire via the Summit brand. As a statutory class of business our policy provides unlimited cover for Third Party injury liability with high limits for Third Party property damage dependent on the type of vehicle. Our Motor, Liability and Commercial Combined accounts are written 100%, while we lead a high proportion of our Professional Indemnity account. We write business through a variety of distribution channels supporting both retail and wholesale broker distribution. Amlin plc is a recognised leader in the London insurance and reinsurance market, providing a global client base with risk management solutions. Amlin specialises in five business areas: Aviation; Marine; UK commercial; International Property and Casualty and Reinsurance. A FTSE-250 quoted company Amlin owns 100% of its £825m capacity for 2008, which is written through Lloyd's Syndicate 2001. Amlin's Syndicate is rated 'A+' (Excellent) by AM Best and 'A1' (Stable) by Moody's. HCC Underwriting Agency Ltd (HCCUA) is a Lloyd's managing agency, authorised and regulated by the Financial Services Authority (Reg No 228121). HCCUA is member of HCC Insurance Holdings, Inc. (NYSE symbol: HCC) group. Headquartered in Houston, Texas, HCC Insurance Holdings, Inc. (HCC) is a leading international specialty insurance group with offices across the United States and in Belgium, Bermuda, Ireland, Spain and the United Kingdom. HCC has assets of nearly $8.2 billion, shareholders' equity in excess of $2.5 billion and is rated AA (Very Strong) by Standard & Poor's and AA (Very Strong) by Fitch Ratings. In addition, HCC's domestic property and casualty insurance companies are rated A+ (Superior) by A.M. Best Company.
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