Swiss insurer Allied World Assurance Co. Holdings AG, with operations in Farmington, says it expects to post approximately $65 million to $75 million in catastrophe related losses and loss expenses in the second quarter.
Those losses included some $40 million to $50 million pre-tax stemming from U.S. storm damages, and about $25 million for additional losses from the first-quarter earthquakes and tsunami that struck New Zealand and Japan.
Allied World, based in Zug, Switzerland, is scheduled to officially release second-quarter results on Aug. 3.
