Fairfax says Katrina losses up to $220 million

Fairfax Financial Holdings Ltd. (TSX:FFH.SV)(NYSE:FFH) says its initial estimate of the aggregate potential net losses related to Katrina is in the range of $175 million to $220 million before tax and minority interests.The estimated loss after tax and minority interests is $108 million to $134 million. The estimates are based on a preliminary review and an estimated total insured loss from Hurricane Katrina of $30 billion.Fairfax’s various insurance and reinsurance companies are reporting the following losses:- OdysseyRe is reporting a pre-tax loss of $80 million to $100 million, and an after-tax loss of $42 million to $52 million.- Crum & Forster is reporting a pre-tax loss of $35 million to $40 million, and a loss of $23 million to $26 million after taxes.- Group Re reports that it will lose between $40 million and $50 million before taxes, and between $35 million and $44 million after taxes- Northbridge says it stands to lose between $20 million and $30 million before taxes and between $8 million and $12 million after taxes.Fairfax Financial Holdings Limited is a financial services holding company that is engaged through its subsidiaries in property and casualty insurance and reinsurance, investment management and insurance claims management.