January 30, 2013 at 5:54 p.m.
XL estimates Japan loss of up to $290m
Preliminary estimates related to the disasters, pretax and net of reinsurance and reinstatement premiums, range from $190-290 million, with about 70 per cent attributable to XL’s reinsurance segment.
The range reflects the uncertainty about the event, including whether coverage levels will be reached under certain policies.
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