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Wall Street stock analyst heaps praise on Bermuda

Norman Rosenthal, a senior securities analyst with Wall Street investment firm Morgan Stanley, heaped praise on the Bermuda insurance and reinsurance market yesterday.Mr. Rosenthal, whom the press had been notified in advance was a hard-hitting talker, didn't have a bad word to say about the island's industry during an address yesterday at a lunch organised by Bermuda Insurance Institute.