28-09-2017 19:15 via insuranceinsider.com

Maiden estimates $8mn-$31mn Harvey and Irma losses

Maiden Holdings has estimated that its net losses from Harvey
and Irma will be between $8mn and $31mn, it announced today.
Hurricane Harvey was expected to generate net claims of between
$6mn and $18mn, while Hurricane Irma was pegged between $2mn and
$13mn. The maximum $31mn loss tally represents all Maiden's
third quarter catastrophe exposure, it said.
The Bermuda-based company added that it expected no third
quarter earthquake losses and no impact from Hurricane Maria.
Art Raschbaum, presiden
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