Tempus: healthy and ready to weather the storms

In case of any confusion, the boss of Amlin would like to clear up one thing. He isn’t a divine being and he can’t be held responsible for climatic disasters. “I’m not God,” Charles Philipps, the chief executive of the Lloyds underwriter, said. “I don’t control the weather patterns.”

Amlin suffered a $24 million hit during the first half of the year from a tornado that flattened a small town in Nebraska, killing two people. It also faced a $25 million bill for a torrential storm that sent golf ball-sized hailstones pouring down on the rush hour in Paris, smashing commuters’ windscreeens.

Catastrophes around the world are a perennial feature of Amlin’s business. Further payouts are likely this year as it absorbs a share of