PEMBROKE, Bermuda (AP) _ Watord Holdings Ltd. (WTRE) on Monday reported first-quarter net income of $41.9 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Pembroke, Bermuda-based company said it had net income of $2.05.
The insurance and reinsurance company posted revenue of $207.3 million in the period.
Watford Holdings shares have increased nearly 1% since the beginning of the year. The stock has more than doubled in the last 12 months.
The Associated Press