Moscow Re announces 2004 profit
Moscow Reinsurance has announced that it achieved record financial results for the year ended 31 December 2004.
The company said that it notched up a record after-tax profit of 93.8m Rubles ($3.35m), compared to a loss of 5.8m Rubles in 2003. It made a pre-tax profit of 124m Rubles.Moscow Re’s combined ratio
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