Bermudian insurer/reinsurer RAM Holdings...
... has posted a $1.9m loss for Q1 2009 against a year-earlier loss of $189.5m, largely reflecting a swing to $12m in unrealized investment gains versus year-earlier unrealized losses of $166.4m. The narrowing of the quarterly net loss also reflected a drop in claims losses to $16.7m from $37.5m. Earned premiums for the period fell 30% to $9.2m.
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.
Register for our free email digests: