Flagstone Q3 net loss $186.5m; optimistic about future
Flagstone Re, the Bermudian (re)insurer, reported third quarter net losses of $186.5m, compared to a net income of $66.2m in the corresponding period last year.
Net loss for the first nine months of the year to end-December was just over $11m, down from a net income of over $116m, for the first nine months of 2007. Net earned premiums for the quarter jumped
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