Filed Under:Markets, E&S/Specialty

Up to $240M in Sandy Losses Each for PartnerRe, Arch Capital

Three Bermuda-based insurers have announced their expected losses from Superstorm Sandy as fourth-quarter earnings announcements near.

PartnerRe Ltd. leads the most recent group of companies letting investors know of catastrophe losses. The reinsurer says late-October’s Sandy will result in a pretax charge of between $200 million and $240 million, after retrocession and reinstatement premiums, in its fourth-quarter results.

Featured Video

Most Recent Videos

Video Library ››

Top Story

Baby, it’s cold outside! Here are 6 tips for staying safe in sub-zero temperatures

Extreme temperatures bring risks to people and property. Make sure you are taking care of yourself and your surroundings.

Top Story

5 ways insurance agencies can improve their websites

The way people use the Internet has changed over the past few years. Has your website changed with it?

More Resources

Comments

eNewsletter Sign Up

Specialty Markets Insight eNewsletter

Receive updates and analyses on hard to place and challenging coverages. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.