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Reweb - Odyssey Re reports 2004 results.

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| March 01, 2005 | COPYRIGHT 2005 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 Reinsurance)

Odyssey Re has reported its fourth-quarter and full-year 2004 results. Net income was $50.9m for the Q4 2004, compared to $47.6m for Q4 2003. Net income figures included net realised capital gains of $12.6m and $15.7m, respectively.

For the full year 2004, net income was $186.9m, compared to net income of $249.2m for 2003. Net after-tax realised capital gains for 2004 ...

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