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Flagstone Re swings to $67m Q3 profit

02 November 2009

Flagstone Re has reported net income for the third quarter of $67m, compared with a net loss of $187m in the third quarter of last year.

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Flagstone Re has reported net income for the third quarter of $67m, compared with a net loss of $187m in the third quarter of last year.

Net income for the first nine months was $171m, compared with a net loss of $112m for the same period last year.

Gross written premiums for the third quarter were $175m, up...


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