Castlepoint's net income jumps $2.5m; net written premiums up 64%
Castlepoint, the speciality (re)insurer, said first quarter net income rose to $9.6m from $7.1m in the first three months of 2007.
Net written premiums for the first three months of the year jumped 64% to $118m from $71m a year earlier.
The combined ratio for the group’s insurance and reinsurance books was 90.6% for the quarter
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