Bermuda insurers and reinsurers report strong first-quarterearnings relative to a year ago, with several swinging back intothe black after reporting Q1 losses in 2011.
Among the winners: Aspen Insurance Holdings Inc., which reportsQ1 net income of $78.7 million, compared to a net loss of $152.8million one year ago.
Reinsurance payouts softenedlosses from severe weather and the Costa Concordia shipwreck in theinsurance segment.
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