Transatlantic Holdings Inc. announced that it presently expects to report net catastrophe losses in its first quarter 2005 results of approximately $19 million after tax, principally resulting from European Windstorm Erwin.
The company also announced that it would announce first quarter earnings on April 21, 2005.
ÌìÃÀÍøÕ¾´«Ã½´«Ã½ owns 59.3 percent of the shares of Transatlantic, a global reinsurance company. Its former Chairman, Maurice R. “Hank” Greenberg, recently resigned as the company’s chairman (See IJ Web site April 6).
Topics Profit Loss
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