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Slight drop at Safeco.

Europe Intelligence Wire

| May 02, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From InsuranceNewslink.com)

Safeco has reported net income of USD208.2m compared with USD212m, for the first quarter..

"We made the commitment to stick to our underwriting fundamentals, and so we have," said Paula Rosput Reynolds, Safeco president and chief executive officer. "The market is not putting any ...

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