Based on information received to date, Odyssey Re Holdings Corp. expects pre-tax net losses will be in the range of $80 million; after tax losses will be in the range of $55 million.
Considerable time will be required before more accurate estimates are available.
While this event is significant, it will not have a material impact on ORH’s financial strength or position. OdysseyRe extends its deepest sympathies to all those affected by this tragic disaster.
Topics Catastrophe Natural Disasters
Was this article valuable?
Here are more articles you may enjoy.
Another Crane, Then Another, Collapses Onto Home in Fort Lauderdale 
Takeaways From AP Analysis on the Flaws in National Flood Insurance 
NY Governor Urges Review of Cornell Response to Assault Case 
Online Insurance Marketplace Insurify Blocks Meta’s Personal AI Agent Muse 
