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Alterra Q2 results see Max net income more than doubled

Marty Becker

Alterra Capital Holdings has reported net income of $103.4m for the second quarter of 2010, compared to net income of $43.8m for Max Capital in the same quarter of 2009.

Alterra was formed on May 12th 2010 by the merger of Max and Harbor Point.

Net operating income for the second quarter of 2010 was $58.8m, or $0.64 per diluted share, compared to net operating income

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