PartnerRe Ltd has announced that it expects to record a charge of approximately $120 million in the fourth quarter for the Thailand floods of October and November 2011.This is in line with the company’s previous announcement that its losses related to this event would be in the range of 0.5 percent to one percent of the total insured industry losses.The company’s estimate is consistent with an industry event loss estimate in excess of $15 billion.As a result of this event, the increase to loss estimates related to the Tohoku earthquake in Japan previously announced by the company on December 14, 2011, and other loss activity, the company expects to report a fourth quarter operating loss of between $110 million and $130 million and an after-tax operating loss of between $130 million and $150 million, or between $1.95 and $2.25 on a per share basis.The Thailand losses are expected to primarily impact the company’s global property and catastrophe, global specialty and catastrophe sub-segments.