White Mountain Net Soars In Final Quarter
NU Online News Service, Feb. 3, 3:55 p.m. EST?Hamilton, Bermuda-based White Mountain Insurance Group saw its fortunes improve in the 2003 fourth quarter as net income rose 226 percent, from $45 million to $147 million, helped by its investment portfolio returns, management said.[@@]
For the year, net income was down by 63 percent even as combined ratio improved.
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