LOGO
LOGO

Scottish Re Group Swings To Profit In Q3 - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Scottish Re Group Ltd. (SKRRF.PK) posted third-quarter net income attributable to ordinary shareholders of $201.9 million or $0.92 per share compared with a net loss attributable to ordinary shareholders of $713.9 million or $10.44 per share in the same quarter last year.

The net income attributable to ordinary shareholders for the three month period ended September 30, 2009 was driven by net realized and unrealized gains of $191.1 million resulting from an overall market recovery of fixed maturity investments, as compared to net realized and unrealized losses of $475.4 million for the prior year period, the company said.

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19