Zenith Quarterly Profit More Than Doubled
NU Online News Service, April 29, 3:46 p.m. EDT? Zenith National Insurance Corp., citing improved property-casualty underwriting, reported that its first-quarter net profit more than doubled to $25.1 million from $11.7 million reported one year earlier.[@@]
The company's property-casualty underwriting pretax income for the first quarter was reported at $21.8 million, up from $6.2 million reported during the 2003 first quarter.
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