The Travelers Companies Inc. said today that that its estimate of third quarter catastrophe losses--primarily from Hurricanes Ike, Gustav and Dolly--amounts to approximately $690 million after-tax and $1.05 billion pre tax, net of reinsurance.

Travelers said Ike reflects catastrophe losses in eight states and includes estimated share of assessments from the Texas Windstorm Insurance Association.

On the investment side, the St. Paul, Minn.-based company said investment losses would amount to $115 million after-tax and $170 million pre-tax in the third quarter. This includes $44 million after-tax and $67 million pre-tax, with respect to securities issued by Lehman Brothers Holdings Inc. and its subsidiaries.

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