Allied World Insurance Company Holdings Ltd. reported this week its net income rose 14 percent for the first quarter.
The Bermuda-based reinsurer reported net income of $113.9 million, compared to $98.1 million or for the first quarter of 2006.
Gross premium written for the quarter declined 12 percent to $438.4 million, while net written premium dipped 16 percent to $357.8 million.
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