Flagstone Re Q1 net income up
Flagstone Re, the Bermudian (re)insurer, said that net income for the first quarter of the year rose to $35.7m from $32.7m the year before.
However, operating income dropped 38.4% to $31.3m, down from $50.8m the year earlier. The number was hit by realized and unrealized investment losses of $1.9m, down from over $12m this time lastOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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