Bermuda-based ACE Ltd. announced that estimated net after-tax losses for the ACE Group of Companies from Hurricane Wilma, the Category 4 storm that initially struck Mexico’s Yucatan Peninsula and then Florida in late October, will amount to approximately $250 million, net of tax and reinstatement premiums.
ACE will provide 2006 guidance on Thursday, Dec. 15, 2005.
Was this article valuable?
Here are more articles you may enjoy.
Allianz’s PIMCO, L&G Sued in Scrap Over €1.2 Billion Brussels Tower 
US Personal Lines Insurers Ask for Less Rate After Period of Catch-Up 
Tampa Bay Rays and Local Officials Announce Tentative $2.3B Deal for New Ballpark 
Texans Hate Data Centers So Much They Are Asking Jesus for Help 
