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BRIEF-National Security Group estimate gross losses from Hurricane Irma to be $2.5 mln to $3 mln
September 18, 2017 / 10:22 PM / in 3 months

BRIEF-National Security Group estimate gross losses from Hurricane Irma to be $2.5 mln to $3 mln

Sept 18 (Reuters) - National Security Group Inc:

* Says estimate ultimate gross losses from Hurricane Irma to be in range of $2.5 million to $3.0 million

* Says net of tax expect losses from hurricane to reduce quarter, year-to-date earnings in range of $0.66 per share to $0.79 per share

* Says ‍expect no adverse impact on insurance operations​ due to hurricanes

* Says hurricanes will have a material impact on 2017 earnings​

* Says based on estimates, do not expect losses from Hurricane Irma to exceed level of retention under catastrophe reinsurance program Source text for Eikon: Further company coverage:

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