NU Online News Service, Dec. 15, 3:37 p.m. EST

Pembroke, Bermuda-based reinsurer PartnerRe Ltd. said it hasupped its loss estimate for the Sept. 3 New Zealand earthquake.

The carrier said it now expects its losses for the earthquake tobe in the range of $140-$160 million, up from the company's initialestimate of $64 million included in its third-quarter 2010 financial results.

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