ACE Limited announced from its headquarters in Zurich that it estimates net after-tax losses in the third quarter for the ACE Group of Companies from catastrophes, including Hurricanes Gustav and Ike, will amount to approximately $315 million, including reinstatement premiums.
Source: ACE Group – www.acelimited.com
Topics Profit Loss
Was this article valuable?
Here are more articles you may enjoy.
Hedge Funds Are Expanding Desks Designed to Profit From Natural-Catastrophe Risk 
Acrisure Goes After Former Owners of Businesses it Acquired for Leaving to Compete 
WR Berkley Founder and Executive Chairman Dies at 80 
Miami Moves to Seize Part of Posh Island After Fuel Fight 
