IPC results beat expectations
Bermiudian reinsurer IPC Re has announced net income for 2006 of $394.6m, beating analysts’ expectations.
IPC Re also announced its combined ratio for 2006 was 32.9%, and 33.33% for the final quarter of 2006, which is more than 10 points below analysts Keefe Bruyette and Woods’ predictions.
IPC president
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