Allied World reports record 2009 profits
Allied World reported said that net income for the year ended December 31, 2009 was a record $606.9m, or $11.67 per diluted share, compared to net income of $183.6m, or $3.59 per diluted share, for the year ended December 31, 2008.
Fourth quarter net income of $161.3m, or $3.05 per diluted share, for the fourth quarter of 2009 compared to net income of $19.9m, or $0.39 per diluted share, for the fourth quarter of 2008.
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