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Max Capital sees net loss of $163.2m

Max Capital Group has reported a net loss for the third quarter of 2008 of $163.2m compared to net income of $66.8m for the same period last year.

Net operating loss, which represents net income or loss excluding after-tax net realized gains and losses on fixed maturities, was $146.1m compared to net operating income of $68.4m for the same

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