HAMILTON, Bermuda, Oct 27, 2011 (BUSINESS WIRE) -- --Net income per diluted share of $0.23 for the quarter ended September 30, 2011 compared with $1.08 in the same quarter last year
--Operating income per diluted share of $0.70 for the quarter ended September 30, 2011 compared with $0.79 in the same quarter last year
--Diluted book value per share of $38.27, broadly in line with the third quarter of 2010 and up 2.2% from June 30, 2011
--Annualized net income return on equity of 2.8% for the third quarter of 2011
--Annualized operating return on equity of 8.4% for the third quarter of 2011
--Combined ratio of 96.7%, or 85.5% excluding catastrophe losses for the third quarter of 2011, compared with a combined ratio of 94.4% or 89.9% excluding catastrophe losses for the third quarter of 2010
--Gross written premium of $495.6 million for the third quarter of 2011, including $26.6 million of positive prior year premium adjustments mainly in the reinsurance segment, compared with $415.8 million for the third quarter of 2010