Thanks Cigarbutt. I hadn't seen the article from Insurance Journal, so that is interesting in particular. A couple of the more elaborate industry level loss estimates gives a bound for Zenith. It looks like perhaps 16 loss points, before reinsurance and government funding, might be the reasonable estimate, with a bound of perhaps 50 loss points. So, for an outfit like Zenith that writes $750m of premium, that would be maybe ~$120m before reinsurance and government funding, but possibly as much as $375m . As you said, it's probably not an existential question, but it's curious that no provision was taken in the first quarter.
SJ