Endurance reports record 3Q, retains much less
Bermudian (re)insurer Endurance Specialty Holdings has reported net income of $128m for the third quarter of 2006 versus a net loss of $377m in the same quarter in 2005.
Analysts Keefe Bruyette and Woods (KBW) noted much better than expected growth in net written premium of 23% excluding reinstatements.
KBW said Endurance’s cat reinsurance with Shackleton Re, and
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