Ace hurricane losses hit third quarter figures
ACE has reported a net loss for the third quarter endedSeptember 30, 2005 of $112 million (£62m) or $(0.43) per common share after payment of preferred dividends, compared with net income of $4 million or $(0.03) per share for the same quarter last year.
Income (loss) excluding net realized gains (losses) for the third quarter was $(187) million, or $(0.70) per share, compared with $37 million or $0.09 per share for the same quarter a year agoOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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