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Endurance reports massive Q2 net income drop

David Cash

Endurance Specialty Holdings has reported net income of $58.6m for the second quarter of 2010 versus net income of $149.1m in the second quarter of 2009.

Driven by a combination of earnings and an improvement in unrealized investment gains, book value per diluted share was $47.78 at June 30, 2010, an increase of 4.1% for the quarter.

For the six months

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