NU Online News Service, Nov. 4, 3:14 p.m. EST

Max Capital Group Ltd. reported third-quarter net income of $95.3 million, compared to a 2008 third-quarter net loss of $163.2 million.

The results stemmed from positive underwriting performance and improved investment results, W. Marston Becker, chairman and chief executive officer of the Hamilton, Bermuda-based (re)insurer, said in a statement.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.