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.
New York Says Cab, Rideshare Insurance Rates to Rise 25%
Poorer Americans Dropped Federal Flood Insurance When Rates Rose
UPS Ripped Off Seasonal Workers With Unfair Pay Practices, Lawsuit Alleges
Aon Adds to List of Brokers Suing Howden US for Alleged Poaching, Theft 

