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Allied posts record $607m profit for 2009

11 February 2010

Bermudian insurance and reinsurance firm Allied World Assurance Company today reported net income of $161.3m for the fourth quarter of 2009 compared with net income of $19.9m for the fourth quarter of 2008.

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Bermudian insurance and reinsurance firm Allied World Assurance Company today reported net income of $161.3m for the fourth quarter of 2009 compared with net income of $19.9m for the fourth quarter of 2008.

Net income for the year was a record...


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