or more in ormation, isit Hobgood(504) 865-5229 Uni ersityKathryn Hobgood o Tulane Uni ersity, 1-504-865-5229. OTTAWA (Reuters) - An exotic goat in Canada's Calgary Zoo accidentally hanged itsel a ter it became entangled in a rope and then ell o a log, CT tele ision reported on Sunday. Oddly EnoughHome ideo o the accident on riday showed the Turkmenian markhor hanging li eless rom the rope in its enclosure. Later, keepers could be seen trying to resuscitate the animal.The zoo said in a statement that the goat had been playing with a ball on the end o a rope a toy designed to stimulate the animal.The accident was the latest in a series o deaths at the zoo in the western pro ince o Alberta. Last No ember an elephant cal died o a irus and in May 2008, 41 stingrays died or reasons that ha e yet to be explained.(Reporting by Da id Ljunggren) Oddly Enough.
HAMILTON, Bermuda(Business Wire) alidus Holdings, Ltd. (" alidus")(NYSE: R) today announced that it hasincreased its estimate o the net ad erse e ect rom Hurricane Ike byapproximately $70.1 million to a current total estimate o approximately $235.1million. alidus estimate o the net ad erse e ect is net o reinstatementpremiums, reinsurance and other reco eries. This estimate is based on aliduse aluation o impacted contracts and in ormation pro ided by customers andintermediaries. There is no change to alidus estimate related to HurricaneGusta . The increased estimate arises primarily rom property catastrophe excess o lossreinsurance co erage pro ided to insurance companies with exposure in thecontinental United States and to a lesser extent insurance companies withexposure to Gul o Mexico o shore energy acilities.
Based on this re ised in ormation, alidus now estimates that industry losses rom Hurricane Ike are in the range o $18.0 billion - $21.0 billion, anincrease rom earlier estimates o between $15.0 billion- $17.0 billion. The inancial e ect on alidus rom Hurricane Ike is now estimated at $235.1 million. As industryinsured losses rise rom Hurricane Ike, a disproportionate percent o theincrease is borne by the reinsurance sector as more ceding companies attachexcess reinsurance layers or trigger additional reinsurance reco eries romtheir catastrophe programs. We now expect to make reco eries under the alidusReinsurance retrocessional program and ha e nearly exhausted our net retentionsrequired be ore we begin to make reco eries rom Talbots property reinsuranceco erage. (unaudited) All amounts in $(millions) EstimatedNetTotal unless otherwise speci iedNetReinstatem EstimatedLosses and entE ect on Loss PremiumsNetExpenses Income(Loss) As o September 30, 2008 alidus Re - Hurricane Ike Property 120.3 (13.9)106.4Marine 36.8(4.1 )32.7 Specialty0.1 - 0.1All lines157.2 (18.0)139.2 Talbot - Hurricane Ike Property 15.2(0.4 )14.8 Marine 10.5(0.0 )10.5 Specialty0.5 - 0.5All lines26.2(0.4 )25.8Total - Hurricane IkeProperty 135.4 (14.3)121.2Marine 47.3(4.1 )43.2 Specialty0.7 - 0.7All lines183.4 (18.4)165.0 Change in Estimate alidus Re - Hurricane Ike Property 38.2(4.2 )34.0 Marine 20.8(2.4 )18.4 Specialty(0.1 )- (0.1 ) All lines58.9(6.6 )52.3Talbot - Hurricane Ike Property 16.4(0.3 )16.1 Marine 1.9 (0.2 )1.7Specialty- - -All lines18.3(0.5 )17.8Total - Hurricane IkeProperty 54.6(4.5 )50.1 Marine 22.7(2.6 )20.1 Specialty(0.1 )- (0.1 ) All lines77.2(7.1 )70.1As o December 31, 2008 alidus Re - Hurricane Ike Property 158.5 (18.1)140.4Marine 57.6(6.5 )51.1 Specialty- - -All lines216.1 (24.6)191.6 Talbot - Hurricane Ike Property 31.5(0.7 )30.8 Marine 12.4(0.2 )12.2 Specialty0.5 - 0.5All lines44.4(0.9 )43.5Total - Hurricane IkeProperty 190.0 (18.7)171.3Marine 70.0(6.7 )63.3 Specialty0.5 - 0.5All lines260.6 (25.5)235.1Estimated Hurricane Ike Summary - alidus Holdings, Ltd. (unaudited) As o September 30, 2008 Change in Estimate As o December 31, 2008All amounts in $(millions) unless otherwise speci iedTotal E ect on Net Income (Loss)Total Estimated E ect on Net Income (Loss)Total Estimated E ect on Net Income (Loss)By Segment alidus Re Segment 139.252.3 191.6 Talbot Segment 25.8 17.8 43.5Total165.070.1 235.1By TypeO shore Energy39.7 19.2 58.9Reinsurance (a)113.640.1 153.7 Other Insurance (a)11.7 10.8 22.5Total165.070.1 235.1Estimated Industry Loss in $(billions) Onshore$13.0 - $15.0$ 2.0$15.0 - $17.0 O shore Energy$2.0 - $3.0$ 1.0$3.0 - $4.0Notes(a) Reinsurance and Other Insurance exclude the impact o O shore Energy About alidus Holdings, Ltd. alidus Holdings, Ltd.