In a brief announcement Bermuda-based Max Re Capital Ltd. said that preliminary estimates indicate that the company’s 2005 third quarter earnings will be negatively impacted by $60 to $90 million as a result of Hurricane Katrina.
Max Re is one of a number of companies that are still tabulating damage costs from the hurricane that hit the U.S. in late August.
Topics Profit Loss
Was this article valuable?
Here are more articles you may enjoy.
Law Restricts Her From Reducing ‘Excessive’ $91M Injured Worker Award, Judge Finds 
Drivers of Mercedes AMG Cars File Class Action Over Burn Hazard From Logo on Seat 
Zurich Insurance Earnings Boosted by Global Data Center Demand 
Ex-VW Engineers Plead Not Guilty to US Insider Trading Charges 
