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Zenith Nearly Doubles 3rd Q Net Income

Tuesday, October 28, 2003 | 0

Zenith National Insurance Corp. (NYSE: ZNT) reported net income of $16.1 million, or $0.85 per share, for the third quarter of 2003 compared to net income of $8.7 million, or $0.46 per share, for the third quarter of 2002. Net income for the nine months ended September 30, 2003 was $46.2 million, or $2.45 per share, compared to net income for the nine months ended September 30, 2002 of $18.0 million, or $0.95 per share. Property-casualty underwriting income before tax for the third quarter of 2003 was $10.9 million compared to $0.4 million for the third quarter of 2002. Property-casualty under...

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