Endurance Specialty: Smaller 3Q Profit
NU Online News Service, Oct. 29, 11:10 a.m. EDT?Endurance Specialty Holdings Ltd. reported net income of $26.8 million for the third quarter of 2004, down from the $56.5 million profit during the third quarter of 2003, as the $115 million hurricane losses took their toll.[@@]
Commenting on the company's quarterly financials, Endurance Chairman and Chief Executive Kenneth LeStrange observed that excluding catastrophe-related losses, all segments of business performed "extremely well."
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