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Hardy updates loss forecast for H1

Tokyo train station after the earthquake

Hardy Underwriting Bermuda has provided an update regarding the level of claims from natural catastrophe events in 2011 and the outlook for the year.

Based on information available as at 18 May 2011, Hardy's Q1 net loss estimate for the Australian floods, Cyclone Yasi, the New Zealand quake and the Japanese quake was in the range £21m to £26m.

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