Syndicate Forecasts

Amlin PLC
31 August 2000
                                       
                                       
                                   AMLIN PLC
                              SYNDICATE FORECASTS

Amlin Underwriting Limited, the Lloyd's managing agency owned by Amlin plc,
has released revised forecasts of the results of its managed Lloyd's
syndicates for the 1998 year of account and its first forecasts for the 1999
year of account.

For its principal underwriting operation, Syndicate 2001, the 1998 year of
account forecast result remains unchanged.  The 1999 year of account shows an
improvement on the 1998 forecast, aided by better commercial motor results.
The 1998 forecast for Syndicate 902 has improved as a result of positive
developments on it's closed years of account.

The Syndicate 1141 forecasts have deteriorated for the 1998 year of account,
reflecting the poor trading conditions which existed in the non marine market.
Similar adverse development was experienced in the non-marine account of
Syndicate 2001.

The forecasts, which are set out below, are expressed in a 5% range as a
percentage of capacity and are after standard Names' expenses, including
agents fees and profit commission.

1998 year of account

Syndicate Capacity    % owned        Latest            Previous
                £m    by Amlin       forecasts         forecasts
No.                                  % to %             % to %
902          37.6        35%      0.00 to 5.00      (2.50) to 2.50
1141         76.2        22%    (16.00) to (11.00)  (7.50) to (2.50)
2001        528.7        24%     (7.00) to (2.00)   (7.00) to (2.00)
Total       642.5                (7.66) to (2.66)   (6.80) to (1.80)


1999 year of account

Syndicate Capacity    % owned       Current forecasts
No.            £m     by Amlin           % to %               
902          37.6        45%        (4.00) to 1.00
1141         76.2        52%        (13.50) to (8.50)
2001        454.0        35%         (6.00) to (1.00)
Total       567.8                    (6.87) to (1.87)

The incurred loss ratios for all syndicates show an improvement over the 1998
year of account figures.  However, since the forecasts for the 1999 year of
account are made at an early stage in development, a conservative stance has
been adopted.

2000 year of account

Substantial rating increases continue to be achieved on the fleet motor
business underwritten by Syndicate 2001 and this is expected to feed through
to an improved overall result.

Other business areas continue to see signs of improvement with the rating
environment generally firming as the year progresses.  Property insurance and
aviation show clear improvement with property reinsurance hardening as the
year progresses.  The casualty account is now improving after a succession of
poor years.

Enquiries:

Charles Philipps, Amlin plc             0207 746 1050
Richard Hextall, Amlin plc              0207 746 1054
David Haggie, Haggie Financial Limited  0207 417 8989