Zenith National Insurance Corp. (NYSE:ZNT), Woodland Hills, CA, reported improved financial results yesterday with an operating loss after tax of $0.2 million, or $0.01 per share, for the first quarter of 2001, compared with an operating loss after tax of $7.5 million, or $0.44 per share, for the first quarter of 2000.
The results exclude realized gains on investments and the extraordinary item recorded in 2000, and include catastrophe losses after tax of $1.0 million, or $0.06 per share, and $3.6 million, or $0.21 per share, for the first quarter of 2001 and 2000, respectively. Also include...
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