Max Re Q1 2006 results depend on investigation
Max Re Capital has tentatively announced its results for the first quarter of 2006, stressing that the final results depend on the outcome of an ongoing investigation by the audit and risk management committee of its board of directors.
The committee is investigating three finite risk retrocessional contracts written in 2001 and 2003 to find out if the company properly accounted for them and whether they contain sufficient risk
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