WR Berkley Says Catastrophe Losses from Sandy $40-50M Before Tax

W. R. Berkley Corporation (NYSE: WRB ) today announced that it expects catastrophe losses attributable to Storm Sandy will be between $40 million and $50 million, before tax. The Company's loss estimate gives consideration to all currently available reinsurance and is inclusive of reinstatement premiums. (c) 2012 Benzinga.com. Benzinga does not provide investment advice.