Endurance Specialty's Profit Up Sharply
NU Online News Service, May 6, 9:57 a.m.EDT?Endurance Specialty Holdings said a strongerunderwriting performance led to a first-quarter profit of $51.2million, or 86 cents per share, up from $3.3 million, or five centsper share, for last year's first quarter.
The Bermuda-based property-casualty insurance and reinsuranceprovider said its gross premiums written were $362.1 million forthe 2003 first quarter, up from $130.9 million during thecorresponding period last year. Net premiums written also rose, to$360.1 million, compared to $130.9 million in the quarter lastyear.
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