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Max Re Net Soars

Fourth-quarter gross premiums written were $147.5 million compared with $257.2 million for the same 2005 period, while net premiums earned told much the same story with $159 million in last year's fou

By Staff Writer | Updated on February 12, 2007

Max Re Capital Ltd. today reported fourth-quarter 2006 net income of $95.4 million compared with a net loss of $12.6 million for the same 2005 period.

W. Marston Becker, chairman and chief executive officer of Max Re Capital, said that with this quarter’s results the company is well positioned to move head with its U.S. platform this year.

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