News analysis: H1 reinsurer results slump
Bermudan reinsurers recorded huge drops in profits following heavy claims from the catastrophes experienced in the first half of the year, though elsewhere some reinsurers fared better, writes Katherine Blackler.
Validus made a $6.6m operating loss for the first half of 2010 compared with a net operating income of $210.8m for the same period in 2009.
Net income for the six months ending June 30 2010 was $61.4m
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