AGM Statement

Amlin PLC
13 June 2001

                                                                 13th June 2001


                                  AMLIN PLC

            AMLIN BENEFITING FROM IMPROVED UNDERWRITING CONDITIONS


In his address to the Annual General Meeting of Amlin plc held today, Chairman
Roger Taylor commented on current trading conditions as follows:

'Underwriting performance in the first quarter was in line with expectations.
The divisional underwriting structure introduced last year is already
benefiting our operational performance through greater specialisation on the
part of our underwriters and the support of a more efficient reinsurance
programme. Additionally, we have seen good rate rises in most lines of
business, particularly property and excess of loss reinsurance. Improvements
in marine hull and cargo, however, continue to lag behind other classes and we
are therefore continuing with our cautious stance in this area.

'We presently expect Syndicate 2001 to underwrite approximately £535 million
of premium income, net of brokerage, in 2001 and, with a continued hardening
of rates, anticipate increasing its capacity for 2002 from the current £575
million to around £700 million.'


For further enquiries, please contact:
Charles Philipps   Chief Executive, Amlin plc                     020 7746 1050
Richard Hextall    Finance Director, Amlin plc                    020 7746 1054
David Haggie       Haggie Financial Limited                       020 7417 8989