Filed Under:Claims, Catastrophe & Restoration

Sandy Losses in Q4 of $380M for Ace; $95M for Montpelier Re

Ace says it expects about $380 million in losses in the fourth quarter related to Superstorm Sandy.

The estimate is after tax, net of reinsurance, and includes reinstatement premiums, says the Zurich-based multiline P&C insurance group.

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