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Annuity and Life Re Reports Q2 Earnings

Company reported a net loss of $82,532 or $0.00 per fully diluted share for the three months ended June 30, 2009

Annuity and Life Re (Holdings), a provider of annuity and life reinsurance, has reported financial results for the second quarter and six months ended June 30, 2009.

The company reported a net loss of $82,532 or $0.00 per fully diluted share for the three months ended June 30, 2009, as compared to a net loss of $212,458 or $0.01 per fully diluted share for the three months ended June 30, 2008.

The company reported a net loss of $257,932 or $0.01 per fully diluted share for the six months ended June 30, 2009, compared to a net loss of $291,671 or $0.01 per fully diluted share for the six months ended June 30, 2008.

The company had investment gains of $185 during the three months ended June 30, 2009, as compared to $21,017 during the three months ended June 30, 2008. For the six months ended June 30, 2009, investment gains was $205,683, as compared to $21,071 for the six months ended June 30, 2008.