NEW YORK (AP)—Insurance holding company W. R. Berkley Corp. said today that its fiscal third-quarter results will include an estimated $50 million to $60 million in catastrophe losses.
The pretax estimate is net of reinsurance recoveries and includes reinstatement premiums.
The company plans to release third-quarter earnings after the market closes on Oct. 26.
W.R. Berkley is based in Greenwich, Conn. It provides specialty insurance, regional property casualty insurance, alternative markets insurance, reinsurance and international insurance. Berkley shares rose 35 cents to $29.34 in midday trading.
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