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Transatlantic Q1 results dip

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Transatlantic has reported net income of $16m for the first quarter of 2010 compared to $75m for the first quarter of 2009.

Net operating income for the first quarter of 2010 was $17m, or $0.26 per common share (diluted), compared to $108m, or $1.63 per common share (diluted), in the first quarter of 2009.

First quarter

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