Insurers begin estimates of Katrina losses

Crain's New York Business news, lists, rankings, directory and more: "Odyssey Re Holdings Corp. said today that it expects to lose up to $65 million because of Hurricane Katrina, the first estimate from a New York-area insurer.

The Stamford, Conn., underwriter of property and casualty reinsurance said its quarterly after-tax loss would be between $52 and $65 million and pretax loss would be $80 million to $100 million. Other insurers said they are still assessing the damage"
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