Brit results will be "significantly higher"

Brit Insurance has said its full-year results will be "significantly higher" than the £32m current market consensus after it netted £54m through currency differences. However, Brit hiked its loss estimates for Hurricanes Ike and Gustav to $112m from $98m. The company said it expected a full-year return of 0.16%, with a £21.3m return in the fourth quarter.

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