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Article: Transatlantic Holdings, Inc. Announces Record Quarterly Earnings.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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Transatlantic Holdings, Inc. (NYSE: TRH) reported financial results for the quarter and nine months ended September 30, 2009. TRH's net income for the third quarter of 2009 totaled $153 million, or $2.28 per common share (diluted), compared to a net loss of ($108) million, or ($1.62) per common share (diluted) in the third quarter of 2008.
TRH's net operating income for the third quarter of 2009 was $149 million, or $2.22 per common share (diluted), compared to a net operating loss of ($5) million, or ($0.08) per common share (diluted), in the third quarter of 2008.
Book value per share increased 13.9% in the quarter, reaching a record high of $60.90 at ...