Renaissance Re adds $45m Thai losses
Renaissance Re estimates the flooding in Thailand will cost it $45m (£29m) from its fourth quarter 2011 results but it said revisions of the New Zealand earthquake and the Tohoku earthquake losses are not expected to be significant.
The losses include net claims and claim expenses incurred, earned reinstatement premiums assumed and ceded, lost profit commissions, and its interests in DaVinci Re and Top Layer Re.
It said: "Given
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