Bermuda-based Aspen Insurance Holdings released its thirdestimate of hurricane net losses this morning putting the likelyafter-tax impact in the $470-to-$535 million range.
The total includes a $27 million increase over prior estimatesfor Hurricanes Katrina and Rita, and an initial estimate for Wilmain the range of $20-to-$35 million.
In early September, Aspen released an initial estimate ofHurricane Katrina net losses of $150 million. But the insurance andreinsurance group more than doubled the figure a monthlater--putting the estimate in the $325-to-$400 million range. Inthe October announcement, Aspen also estimated that its Rita losseswould fall in the $50-to$60 million range.
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