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Transatlantic Reports $144M Loss in Third Quarter

Tuesday, November 1, 2005 | 0

Transatlantic Holdings Inc. reported that its net loss for the third quarter of 2005 amounted to $144.2 million, or $2.19 per common diluted share, compared to a net loss of $21.8 million, or 33 cents per diluted common share in the same prior year quarter. Net income for the first nine months of 2005 amounted to $24.4 million, or 37 cents per diluted common share, compared to $155.6 million, or $2.35 per diluted common share, in the same prior year period. Third quarter 2005 results include the aggregate estimated pre-tax impact of significant catastrophe loss events amounting to $395...

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