Castlepoint reports Q3 loss
CastlePoint Holdings, the Bermudian (re)insurer, reported a net loss of $13.2m for the third quarter of 2008 as compared to third quarter 2007 net income of $10.5m.
The group said that its third quarter result was negatively impacted by $9m of expenses relating to the group's buyout by Tower Group, a $2m reduction in net investment income, and net realised
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