PartnerRe (NYSE:PRE) had their EPS estimates lowered on them by Barclays (NYSE:BCS), citing losses from the earthquake as higher than expected.
Barclays noted, "PartnerRe increased its estimated loss from the 3Q10 New Zealand earthquake to $140 mn-$160 mn from $64 mn based a review of recent information received from several cedants, which reflects the higher than expected number of new claims filed in November and December and engineering reports regarding the extent of land damage. PRE estimates industry insured losses from the New Zealand earthquake are $4.5 bn-$5.0 bn...As a result, we are lowering our 2010 EPS estimate for PRE to $7.20 from $7.77 to reflect the New Zealand earthquake loss provision partially offset by our existing 4Q10 catastrophe load."
Barclays reiterates an "Overweight" on PartnerRe, which closed Wednesday at $77.87, down $1.57, or 1.98 percent. They have a price target on them of $90.
Thursday, December 16, 2010
PartnerRe (NYSE:PRE) Earthquake Losses More Than Expected
Subscribe to:
Post Comments (Atom)
20 comments:
where to buy ambien online buy ambien online safely - buy ambien hong kong
zolpidem overdose zolpidem discount coupon - generic ambien no prescription
order valium valium generic drug - physical side effects valium
ambien cr ambien for sale - costco price ambien cr
valium online valium pills used - roche valium online no prescription
buy zolpidem zolpidem erowid vault - recreational use of zolpidem
diazepam 10 mg diazepam insomnia - long do effects 5mg diazepam last
order ativan ativan drip - ativan dosage drip
generic ativan ativan dosage canada - ativan uses more drug_uses
generic xanax xanax quit smoking - xanax withdrawal many days
buy diazepam effect will 2mg diazepam have - diazepam zopiclone
buy ambien online ambien sleeping pill wiki - taking ambien high blood pressure
buy valium valium dosage kids - beat drug test valium
buy ambien how much does ambien cr cost without insurance - the medication ambien
buy ambien online overnight delivery ambien overdose 40mg - ambien side effects of sleep eating
cheap ambien no prescription long does ambien high last - illegal buy ambien online
valium cost 10mg valium erowid - drug class for valium
Rise Of Illegal Drugs cheap prednisone - cheap prednisone online http://www.prednisone4sale.com/#cheap-prednisone-online
Pejis Pills Pompano Beach cheap lexapro no prescription - cheap lexapro online http://www.costoflexaproonline.net/#cheap-lexapro-online , [url=http://www.costoflexaproonline.net/#discount-lexapro ]discount lexapro [/url]
tfv lamisil tablets for sale - buy lamisil tablets without prescription http://www.lamisilonlinerx.net/#lamisil-sale, [url=http://www.lamisilonlinerx.net/#lamisil-sale]lamisil without rx [/url]
Post a Comment