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Max Capital swings to $63m profit in Q4
09 February 2010
Bermudian insurance and reinsurance group Max Capital Group today reported net income of $62.6m for the quarter, compared with a net loss of $94.1m for the same quarter in 2008.
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Bermudian insurance and reinsurance group Max Capital Group today reported net income of $62.6m for the quarter, compared with a net loss of $94.1m for the same quarter in 2008.
For the full year of 2009, the company reported net income of $246.2m compared with a net loss of $175.3m last year.
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