Partner Re Net Off In Quarter

Morgan Stanley analyst William Wilt said that reserve releases helped to fuel earnings that beat his estimate by .91 cents. "Demand-premium growth was weak, but the stock should trade better than its

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Partner Re reported first-quarter net income declined 14 percent to $169 million compared with $193 million recorded for the same year-ago period.

The company pointed to operating earnings of $157 million, which represented a 17 percent increase from 2006.

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