Reported $1.7 billion in unrealized derivatives losses. However, the company believes the contracts that led to the losses will "prove profitable over the 15-20 year periods they cover, but could lead earnings to swing widely because of reporting rules."
FIRST QUARTER 2008
FIRST QUARTER 2008
- Investment Gains.....$115 million
- Insurance Underwriting.....$181 million
- Insurance Investments.....$802 million
- Non-insurance businesses.....$894 million
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