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Alterra Provides Preliminary Loss Estimate for Third Quarter Catastrophe Events

HAMILTON, Bermuda--(BUSINESS WIRE)--Alterra Capital Holdings Limited (“Alterra”) (NASDAQ: ALTE; BSX: ALTE.BH) today announced that its initial estimate for losses from third quarter 2012 catastrophe events, predominantly from Hurricane Isaac, is in the range of $10 million to $15 million, pretax and net of reinsurance and reinstatement premiums. Losses are expected to relate principally to Alterra’s US insurance segment.