Benfield Reports Net Income Dropped 4% For '07

The firm reported net income dropped ?1.6 million ($3.2 million U.S. at the current exchange rate) to ?37 million ($75 million) for the year. Earnings per share remained relatively unchanged at 16 pen

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London-based insurance broker Benfield reported net income dropped 4 percent in 2007 due to the weak U.S. dollar and declining insurance prices.

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