Flagstone First-Half Disasters Cost Up to $55 Million in Quarter
February 08, 2012, 5:03 PM ESTBy Andrea Ludtke
Feb. 8 (Bloomberg) -- Flagstone Reinsurance Holdings SA, the Luxembourg-based reinsurer, said catastrophes that occurred in the first half cost $50 million to $55 million in the fourth quarter.
The reinsurer also had $13 million to $18 million in costs from the floods in Thailand, the company said in a statement today distributed by Business Wire.
--Editor: Dan Kraut
To contact the reporter on this story: Andrea Ludtke in New York at aludtke@bloomberg.net
To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net
