Insurers reveal Thai flood losses
Bermuda-based Arch Capital Group has said it expects the company’s 2011 fourth quarter results to be negatively impacted by the severe flooding in Thailand.
In a statement Arch said it expects its share of losses from the natural disaster that struck Thailand in 2011 to be in the range of $35m (€27.4m) to $65m, net of reinsurance and reinstatement
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