Odyssey Re Holdings Corp., Stamford, Conn., posted 2006 fourth-quarter earnings of $83.8 million, compared with a loss of $79.2 million in 2005.
The carrier reported gross written premiums of $538.9 million, a 12.8 percent decrease from the same year-ago period.
Those figures represent a decline of 15 percent in the company's worldwide reinsurance business compared with the fourth quarter of 2005, along with a 7.3 percent decline in specialty insurance business.
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