Platinum Underwriters (PTP) Expects $74.8M in Q2 Losses

July 11, 2011 4:01 PM EDT
Platinum Underwriters Holdings, Ltd. (NYSE: PTP) sees catastrophe losses of $74.8 million for its Q211.

The net negative impact from these events includes an estimate of losses and loss adjustment expenses, net of retrocessional coverage, reinstatement premiums, taxes and the expected impact of foreign exchange rates.


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