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Bermuda-based reinsurer PartnerRe Ltd reported yesterday that net second-quarter income jumped 33 percent, with improved underwriting results and investment gains pushing up the bottom-line result while net premiums fell 9 percent.

In a statement, PartnerRe President & Chief Executive Officer Patrick Thiele said the results were “favorably impacted by a low level of large losses, in contrast to an above-average amount of such events in the first quarter of 2005.”

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