Bermuda insurers and reinsurers report strong first-quarter earnings relative to a year ago, with several swinging back into the black after reporting Q1 losses in 2011.
Among the winners: Aspen Insurance Holdings Inc., which reports Q1 net income of $78.7 million, compared to a net loss of $152.8 million one year ago.
Reinsurance payouts softened losses from severe weather and the Costa Concordia shipwreck in the insurance segment.
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