American Safety Insurance Holdings Preliminary Loss Estimate for U.S. Weather-Related Events of $3-4M

American Safety Insurance Holdings, Ltd. ASI today announced that the Company's 2011 second quarter results will include estimated after-tax property losses of between $3.0 million to $4.0 million net of reinsurance associated with U.S. storms that occurred in the second quarter of 2011. The estimated losses are based upon information currently available and preliminary claims information reported to the company. The actual losses may vary from these initial estimates. None of the second quarter loss estimate is related to the 2011 first quarter catastrophic events.