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.
Hurricane to Threaten Hawaii With Flooding Over Weekend
Cleared of Charges, NJ’s Norcross Sues Inquirer, Editor for $100M in Defamation Suit
A-Cap Insurers File Suit Against SCDOI Director; AM Best Downgrades Group
‘Most Successful’ Hole-in-One Prize Insurance Operator Pleads Guilty to Fraud 

