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Publication Details
World Insurance Report
ISSUE: 689
ISBN: 0306-3445

07 Jun 2002World Insurance Report

Company profile: Faraday Re

London market reinsurer Faraday Re saw its pre-tax profit fall by 79% to £1.8mn (US$2.6mn) in 2001. The downturn was mainly due to unrealised investment losses of £1.4mn compared with investment gains of £8.0mn in 2000.

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