Reinsurers on the hook as Tower estimates up to $115mn net Sandy loss
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Reinsurers on the hook as Tower estimates up to $115mn net Sandy loss

Tower Group has warned that Superstorm Sandy will "easily" cause the largest catastrophic event in its history, as it estimated fourth quarter pre-tax net losses in a range of $90mn-$95mn in its direct business, as well as a $15mn-$20mn...

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