Catlin announces subprime charge, premiums up


Catlin announces subprime charge, premiums up

HAMILTON, Bermuda? Catlin Group Ltd. has announced it expects to take a charge of $75 million against the value of subprime-related securities. The Hamilton, Bermuda-based group said the charge would reduce the group?s investment return to 3.6% on an annualized basis at Sept. 30, 2007....

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