Amlin has announced a £30m turnaround in profits, recording a profit of £18.2m.
In its half yearly results, the company announced that it has improved its combined ratio from 105-101%, and its gross written premium (gwp) increased by 30% from £355.8m to £461.1m.
In line with previous announcements its September 11 losses were contained.
Amlin now has 100% ownership of its business with a dividend resumed at 0.75p per share, and a FTSE 250 entry on 23 September.
Chief Executive Charles Philipps said: "We have achieved a great since we reported our final results. We have raised new capital, acquired 100% ownership of our business and continue to experience first rate trading conditions.
"Amlin is now well positioned and we are ever more confident that we will deliver excellent returns to our shareholders over the next few years," he added.
