NU Online News Service, Feb. 06, 11:46 a.m.EST

Bermuda-based OneBeacon Insurance Group Ltd. said fourth quarternet income fell to $23 million compared to $72 million for the sameperiod in 2009.

For the year, net income was $118 million compared to $342million in 2009 as the company continues its transformation into aspecialty insurance company.

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