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Estimates of Losses from the Chilean Earthquake and Windstorm Xynthia

ID: 1012613

(Thomson Reuters ONE) -



April 8 2010
Novae Group plc

Estimates of Losses from the Chilean Earthquake and Windstorm Xynthia

Novae Group plc ("the Group") today announces initial estimates of losses from
the Chilean earthquake and from Windstorm Xynthia.

Based on a market loss of between US$8 billion and US$10 billion, net losses
from the Chilean earthquake are estimated to be between US$10 million and US$15
million. The Group does not expect material losses from Windstorm Xynthia.

The Group publishes its Interim Management Statement for the first quarter on
29 April, 2010.


For further information:


Matthew Fosh -  Novae Group plc 020 7903 7326

Marylène Guernier -  M:Communications 020 7920 2369




[HUG#1401558]












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Komplett reports revenue of MNOK 291 in March 2010
Bereitgestellt von Benutzer: hugin
Datum: 08.04.2010 - 10:09 Uhr
Sprache: Deutsch
News-ID 1012613
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"Estimates of Losses from the Chilean Earthquake and Windstorm Xynthia
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