NU Online News Service, Feb. 16, 2:14 p.m. EST
PartnerRe Ltd. said it is estimating 2011 first-quarter losses from catastrophe activity in Australia to be between $80 million and $110 million.
The events include January flooding in Queensland and Victoria, as well as losses from Tropical Cyclone Yasi, which made landfall on Feb. 3 as a Category 4 storm in North Queensland.
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