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(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 ...