Overseas Partners net income drops off with loss of UPS business

By David Marchant

25 years ago

Topics

Bermuda Insurance

Keywords

Overseas Partners Ltd.

Overseas Partners Ltd., which has been badly affected by a US Tax Court ruling last year against its biggest client, UPS, has reported reduced earnings in 1999. The company reported net income of $232.8 million or $1.85 per share for the 12 months ended December 31, 1999, compared with $232.8 million or $1.85 per share in 1998.

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