Amlin Acquires Allied Cedar

Amlin Plc
                  

                   Amlin Acquires Allied Cedar Insurance Group

Amlin plc ('Amlin') announces that it has acquired Allied Cedar Insurance Group
Ltd, the holding company of Allied Underwriting Agencies Ltd and Cedar Insurance
Company Ltd. Allied Cedar had gross assets of £5.2 million as at 31 December
2006. The vendors are direct and family interests of its Directors and staff,
principally those of Messrs Court, Donald, Mitchell and Porter.

The businesses will be integrated into Amlin Insurance Services, the UK
Commercial division of the Amlin group. Brian Carpenter, Amlin plc board member
and Divisional Underwriter of the UK Commercial division said: 'This acquisition
increases our UK property account in line with our strategic plan and gives us
an opportunity to develop additional SME business, as well as accessing new
distribution channels'.

Enquiries:

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Hannah Bale                                                           020 7746 1118
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Group Communications, Amlin plc
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Notes for editors

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 four business areas: Aviation; Marine; UK commercial; and International
property and casualty insurance and reinsurance. A FTSE-250 quoted company Amlin
owns 100% of its £1bn capacity for 2007, which is written through Lloyd's
Syndicate 2001. Amlin's Syndicate is rated 'A' (Excellent) by AM Best and 'A1'
(Stable) by Moody's.

In November 2005, the company established Amlin Bermuda, a reinsurance business
capitalised at US$1 billion and rated A- (Excellent) by A.M. Best and A by
Standard & Poor's.

Allied Cedar is the holding company for a general insurance underwriting
operation based in the City of London and Norwich. It has been established for
almost 60 years and has been under its present ownership for over 20 years. It
has two trading subsidiaries, Allied Underwriting Agencies Limited, which
underwrites a direct UK property account through delegated authorities, and
Cedar Insurance Company Limited, a UK insurance company.