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(From Post Magazine)
Large institutional investors are taking Lloyd's insurers more seriously after "excellent 2005 numbers", according to one analyst this week.
KBC Peel Hunt's Charles Coyne said that the interest shown by hedge fund investors in the US post-Katrina had been interesting: "These new players view insurance as a non-correlated investment in comparison with other equities. A less academic analysis might look instead at returns on equity averaging over 25% for Amlin in the past four years and conclude that they are getting it right in a big way."
However, Mr Coyne added that the sector should "take a breather", having spent months …