Platinum Offers 2004 Forecast

NU Online News Service, Dec. 2, 3 :51 p.m.EST?Platinum Underwriters Holdings Ltd., the Bermuda-basedreinsurer spun off by The St. Paul Companies last year, said itestimates in 2004 it will have net premiums written of $1.4 billionand a combined ratio between 90 and 95.

The forecast, Platinum said, is based on the current industryenvironment and the mix of business underwritten, and it assumesthe absence of any unusual catastrophe activity.[@@]

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