Max Capital Group Ltd. (MXGL) reported third-quarter net income of $95.326 million or $1.64 per share compared to a net loss of $163.187 million or $2.89 per share last year.
Comprehensive net income was $186.658 million compared to a loss of $212.430 million prior year.
Net operating income was $53.660 million or $0.92 per share compared to a loss of $144.651 million or $2.57 per share a year ago.
On average, 7 analysts polled by Thomson Reuters expected the company to report profit of $0.71 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues increased to $276.054 million from $10.125 million last year.
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