NU Online News Service, Feb. 7, 2:51 p.m. EDT

Bermuda's PartnerRe Ltd. says it recorded a 2011 fourth quarter net loss of $17.6 million and a net loss for the year of $520.3 million.

During the 2010 fourth quarter the global catastrophe reinsurer recorded net income of $57 million. The company made $852.6 million in 2010.

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