NU Online News Service, April 25, 11:25 a.m. EDT

Munich Re says it expects its first quarter natural disaster catastrophe claims loss to total €2.7 billion (U.S. $3.9 billion at the current exchange rate).

Last week, the Munich, Germany-based reinsurer reiterated that because of the loss estimate, it would not be able to maintain its earnings guidance for financial year 2011 of €2.4 billion ($3.5 billion).

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