Alterra reports earnings down for Q3 2011
Alterra Capital Holdings has reported net income of $48.4m, or $0.46 per diluted share, for the third quarter of 2011, compared to net income of $82.8m for the same quarter of 2010.
Net operating income for the third quarter of 2011 was $50.1m, compared to net operating income of $76.0m, for the same quarter of 2010. Annualized net operating return on average shareholders' equity
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