Extract
Centris Group Reports Second Quarter Results.
COSTA MESA, Calif.--(BUSINESS WIRE)--July 27, 1999--
-- Completed Sale of Property/Casualty Reinsurer During Quarter -- Reports Growth in Premium Production and Improved Market Conditions -- Continues discussions regarding a sale of the Company The Centris Group, Inc. (NYSE:CGE), a leading provider of domestic and international medical and specialty insurance lines, today reported its financial results for the second quarter of 1999. The results for the quarter reflect the completion of the sale of the Company's USF RE INSURANCE COMPANY unit, as well as continuation of the Company's repositioning strategy announced earlier this year. It is the Company's strategy to concentrate its resources in medical lines, where the Company is a market leader, and to control its underwriting exposure to 25%...See the full content of this document
Sponsored links
