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Allied World Q1 results 'blows away' estimates

Allied World, the Bermudian (re)insurer said that net income in the first quarter of the year rose to $131.4m, from $130.9m in the first quarter of 2008.

Operating income rose to $137.6m from $128m in the first quarter of 2008.
Analysts at Keefe, Bruyette & Woods said that Allied's results had 'blown away' its first quarter estimates.
Gross premiums

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