EQECAT To Provide Estimates Thursday in London of Insured Losses for Offshore Oil and Gas, Marine Insurance, and Automobiles, as Well as Commercially Insured Flood Damage Related to Hurricane Katrina.

OAKLAND, Calif. -- EQECAT's Previously Announced Estimates Of Insured Losses From Wind Damage Along Gulf Coast Remain Unchanged At $14 Billion to $22 Billion

EQECAT, Inc., the leading authority on extreme risk modeling, will make a presentation, Thursday, September 22, 2005 in London at 10a.m. (local time), providing its estimates of insured losses for offshore oil and gas, marine insurance, and automobiles, as well as commercially insured flood damage related to Hurricane Katrina. The estimates were developed separately from its previously reported estimated insured losses of $14 billion to $22 billion from wind damage along the Gulf Coast. The wind damage estimates remain unchanged.

Media are invited to attend at:
                                Lloyd's
                              Old Library
                   One Lime Street, London, EC3M 7HA
                      Identification Is Required

For Additional Information: Please Contact, Eric Samansky at 516-319-0858 in the United States, or Tom Larsen, in London at [phone]. For additional information about EQECAT please visit www.eqecat.com.