Alterra Capital Holdings (ALTE) Offers Preliminary Loss Estimates for Q2 Catastrophe Events
Tweet
Share
E-mailGet Alerts ALTE Hot Sheet
Join SI Premium – FREE
Alterra Capital Holdings Limited (NASDAQ: ALTE) today announced that its initial loss estimate from the series of tornadoes and other severe weather that hit large portions of the United States during April and May 2011 is in the range of $18 million to $28 million, pretax and net of reinsurance and reinstatement premiums.
This estimate is based on estimated event insured losses totaling $11 billion to $18 billion.
This estimate is based on estimated event insured losses totaling $11 billion to $18 billion.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Getty Realty discloses separation terms for departing accounting officer
- Advance Auto Parts (AAP) Tops Q2 EPS by 22c; lifrs profit guidance
- Deere & Co. (DE) Tops Q3 EPS by 41c, raises guidance
Create E-mail Alert Related Categories
Corporate News, GuidanceSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
