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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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.