Net income for PartnerRe rose 73 percent in the first quarter to $193.2 million, with the jump attributable to the absence of large losses which had dampened first-quarter results in 2005.
Last year, first-quarter net income was $111.4 million, when results included the impacts of $63 million in losses from winter storm Erwin and a large energy loss in Canada.
On a per share basis, net income was $3.21 for the first quarter of 2006, compared with $1.21 in first-quarter 2005.
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