Filed Under:Markets, Commercial Lines

Three Domestics Report Expected Sandy Losses

Allegahany Corp., Assurant Specialty Property and Mercury General released their estimated losses from Superstorm Sandy.

New York-based Alleghany Corp., a holding company with core holdings in property and casualty reinsurance and insurance companies, says its estimates consolidated pre-tax loss, net of reinsurance and reinstatement premiums of $443 million, and after-tax loss of $288 million.

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