Wilma hits Platinum for $135m
Bermudian reinsurer, Platinum Underwriters Holdings has unveiled an initial preliminary loss estimate of approximately $135m from Hurricane Wilma. The estimate is net of reinstatement premiums, tax benefits and retrocessional recoveries.
The firm cautioned Company's loss estimate from Wilma is preliminary and based on portfolio modelling, a review of individual contracts and preliminary indications from clients and brokersOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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