NU Online News Service, Jan. 27, 2:17 p.m. EST
Zurich Financial Services Group says it expects its losses from flooding inThailandto range between $250 million and $300 million.
Zurichsays catastrophe losses are expected to impact fourth-quarter results by around $200 million to $250 million. This range includes the impact of the floods inThailand, the increased cost of the earthquakes inNew Zealand, and the further benefits of recoveries from the company's global aggregate catastrophe reinsurance cover.
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