GE Employers Re Says First-Quarter Profits Up
NU Online News Service, April 9, 2:23 p.m. EDT?General Electric Company's insurance unit, GE Employers Reinsurance, reported improved first-quarter earnings with net income increasing 16 percent to $140 million compared to the period last year.[@@]
The full quarterly financial records for the reinsurer won't be made public for a few more weeks, according to John Novaria, a representative for GE Employers Reinsurance. But he said ERC saw very strong quarterly results.
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