December 20, 2012
Alleghany Corporation said this week its preliminary estimate of after-tax loss related to Sandy — net of reinsurance and reinstatement premiums — would be approximately $288 million. Alleghany said this estimate reflects a consolidated pre-tax loss estimate, net of reinsurance …
December 18, 2012
Axis Capital Holdings Ltd. said this week its preliminary estimate of the total net financial impact of Sandy is around $300 million — net of tax and estimated recoveries from reinsurance and including estimated reinstatement premiums. The Pembroke, Bermuda-based provider …
December 14, 2012
W.R. Berkley Corp. announced it expects catastrophe losses attributable to Superstorm Sandy will be between $40 million and $50 million, before tax. The Greenwich, Conn.-based insurer said Thursday its loss estimate gives consideration to all currently available reinsurance and is …