Arch reveals $40m-$60m Wilma impact
Bermudian (re)insurer Arch Capital has announced today that it expects after-tax earnings for the 2005 fourth quarter to be negatively impacted by the effects of Hurricane Wilma in the range of $40m to $60m based on industry insured losses of $8bn to $12bn. The preliminary estimates are net of reinsurance and reinstatement premiums.
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