Flagstone reports Q2 net income fall
Flagstone Re's net income for the second quarter fell to $13.3m, or $0.17 per diluted share, compared to a net income of $67.8m, or $0.80 per diluted share in the quarter ended June 30 2009.
Net income attributable to Flagstone Re's common shareholders for the six months was $44.8m, or $0.55 per diluted share, compared to a net income of $103.6m, or $1.21 per diluted share, for the year
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