Lancashire Holdings expects $212 million in losses from hurricanes, quakes

U.K.-based insurer and reinsurer Lancashire Holdings Ltd. said that it expects to incur losses of up to $212 million related to hurricanes in the Caribbean and southern United States and earthquakes in Mexico, Reuters reported. The insurer had previously estimated the loss to amount to $40 million. Lancashire Holdings said it would provide a further update on Nov. 2.
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