NU Online News Service, July 8, 2:05 p.m. EDT
Switzerland-based Allied World Assurance Co. Holdings says it expects between $65 million and $75 million in losses from second-quarter weather events in the U.S., and another $25 million in additional losses from revised first-quarter estimates.
Specialty insurer and reinsurer Allied World says the estimates are pre-tax and net of reinsurance recoverables.
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