Financial Times FT.com

Amlin pulls out of credit insurance market

By Kiran Stacey and Andrea Felsted

Published: November 28 2008 23:35 | Last updated: November 28 2008 23:35

The troubled credit insurance sector has suffered another blow with the withdrawal from the market of Amlin.

The insurance group has decided not to write any new policies for businesses supplying goods to other businesses on credit, partially because of problems securing reinsurance.

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