taxes.
If Group or its Bermuda subsidiaries were to become subject to U. S.  income tax; there could be a material adverse effect on the Company’s financial condition, results of operations and cash flows.
United Kingdom.
Bermuda Re’s UK branch conducts business in the UK and is subject to taxation in the UK.
Bermuda Re believes that it has operated and will continue to operate its Bermuda operation in a manner which will not cause them to be subject to UK taxation.
If Bermuda Re’s Bermuda operations were to become subject to UK income tax there could be a material adverse impact on the Company’s financial condition, results of operations and cash flow.
Available Information The Company’s Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, proxy statements and amendments to those reports are available free of charge through the Company’s internet website at http://www.
everestre.
com as soon as reasonably practicable after such reports are electronically filed with the Securities and Exchange Commission (the “SEC”).
I TEM 1A.
R isk Factors In addition to the other information provided in this report, the following risk factors should be considered when evaluating an investment in our securities.
If the circumstances contemplated by the individual risk factors materialize, our business, financial condition and results of operations could be materially and adversely affected and the trading price of our common shares could decline significantly.
RISKS RELATING TO OUR BUSINESS Our results could be adversely affected by catastrophic events.
We are exposed to unpredictable catastrophic events, including weather-related and other natural catastrophes, as well as acts of terrorism.
Any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations.
We define a catastrophe as an event that causes a pre-tax loss on property exposures before reinsurance of at least $5.0 million, before corporate level reinsurance and taxes.
Effective for the third quarter 2005, industrial risk losses have been excluded from catastrophe losses, with prior periods adjusted for comparison purposes.
By way of illustration, during the past five calendar years, pre-tax catastrophe losses, net of contract specific reinsurance but before cessions under corporate reinsurance programs, were as follows:
## Table 0 ##
Our losses from future catastrophic events could exceed our projections.
We use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic underwriting tool.
We use these loss projections to estimate our potential catastrophe losses in certain geographic areas and decide on the purchase of retrocessional coverage or other actions to limit the extent of potential losses in a given geographic area.
These loss projections are approximations reliant on a mix of quantitative and qualitative processes and actual losses may exceed the projections by a material amount.
We focus on potential losses that can be generated by any single event as part of our evaluation and monitoring of our aggregate exposure to catastrophic events.
Accordingly, we employ various techniques to estimate the amount of loss we could sustain from any single catastrophic event in various geographical areas.
These techniques range from non-modeled deterministic approaches—such as tracking aggregate limits exposed in catastrophe-prone zones and applying historic damage factors—to modeled approaches that scientifically measure catastrophe risks using sophisticated Monte Carlo simulation techniques that provide insights into the frequency and severity of expected losses on a probabilistic basis.
If our loss reserves are inadequate to meet our actual losses, net income would be reduced or we could incur a loss.
We are required to maintain reserves to cover our estimated ultimate liability of losses and loss adjustment expenses for both reported and unreported claims incurred.
These reserves are only estimates of what we believe the settlement and administration of claims will cost based on facts and circumstances known to us.
In setting reserves for our reinsurance liabilities, we rely on claim data supplied by our ceding companies and brokers and we employ actuarial and statistical projections.
The information received from our ceding companies is not always timely or accurate, which can contribute to inaccuracies in our
Incurred Losses and LAE.
The following table presents the incurred losses and LAE for the U. S.  Reinsurance segment for the periods indicated.
## Table 1 ##
Incurred losses increased by 1.6% to $1,050.4 million in 2012 compared to $1,034.1 in 2011, primarily as a result of the $98.0 million (5.4 points) increase in catastrophe losses.
The $372.6 million of current year catastrophe losses for 2012 related primarily to Superstorm Sandy ($289.0 million), U. S.  storm losses ($59.8 million) and Hurricane Isaac ($23.8 million).
The $262.0 million of current year catastrophe losses for 2011 related primarily to the Japanese earthquake and tsunami ($71.5 million), the 2011 New Zealand earthquake ($63.0 million), U. S.  tornadoes ($58.2 million), Hurricane Irene ($27.5 million) and the Thailand floods ($17.0 million).
The current year attritional losses decreased $13.5 million due primarily to a shift in business to excess of loss contracts which generally have lower attritional losses than pro rata contracts.
Incurred losses were $133.2 million (13.8 points) higher at $1,034.1 million in 2011 compared to $900.9 million in 2010, primarily as a result of the $230.7 million (17.7 points) increase in current year catastrophe losses, largely due to the 2011 catastrophe losses discussed above.
The $31.3 million of current year catastrophe losses for 2010 related primarily to the Chile earthquake ($16.1 million) and the New Zealand earthquake ($15.0 million).
The current year attritional losses decreased $76.2 million (2.5 points), primarily due to a shift in the mix of business, with a higher level of excess of loss business in the current year, which carries a lower attritional loss ratio than pro rata business, coupled with a decline in earned premiums.
Management estimates that the projected net economic loss from its largest 100-year event in a given zone represents approximately 11% of its projected 2015 shareholders’ equity.
Economic loss is the PML exposure, net of third party reinsurance and the noncontrolling interests of Mt.
Logan Re, reduced by estimated reinstatement premiums to renew coverage and estimated income taxes.
The impact of income taxes on the PML depends on the distribution of the losses by corporate entity, which is also affected by inter-affiliate reinsurance.
Management also monitors and controls its largest PMLs at multiple points along the loss distribution curve, such as loss amounts at the 20, 50, 100, 250, 500 and 1,000 year return periods.
This process enables management to identify and control exposure accumulations and to integrate such exposures into enterprise risk, underwriting and capital management decisions.
The Company’s catastrophe loss projections, segmented by risk zones, are updated quarterly and reviewed as part of a formal risk management review process.
The table below reflects the Company’s PML exposure, net of third party reinsurance and the noncontrolling interests of Mt.
Logan Re, at various return periods for its top three zones/perils (as ranked by the largest 1 in 100 year events) based on loss projection data as of January 1, 2015:
## Table 2 ##
The projected net economic losses for the top three zones/perils scheduled above are as follows:

<table><tr><td>Calendar year</td><td>Pre-tax catastrophe losses</td></tr><tr><td>2006</td><td>$287.9</td><td>million</td></tr><tr><td>2005</td><td>$1,485.7</td><td>million</td></tr><tr><td>2004</td><td>$390.0</td><td>million</td></tr><tr><td>2003</td><td>$35.0</td><td>million</td></tr><tr><td>2002</td><td>$30.0</td><td>million</td></tr></table>
<table><tr><td></td><td colspan="9">Years Ended December 31,</td></tr><tr><td>(Dollars inmillions)</td><td>Current Year</td><td colspan="2">Ratio %/ Pt Change</td><td>Prior Years</td><td colspan="2">Ratio %/ Pt Change</td><td>Total Incurred</td><td colspan="2">Ratio %/ Pt Change</td></tr><tr><td>2012</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Attritional</td><td>$706.8</td><td>49.9%</td><td></td><td>$-27.3</td><td>-1.9%</td><td></td><td>$679.5</td><td>48.0%</td><td></td></tr><tr><td>Catastrophes</td><td>372.6</td><td>26.3%</td><td></td><td>-1.8</td><td>-0.1%</td><td></td><td>370.8</td><td>26.2%</td><td></td></tr><tr><td>A&E</td><td>-</td><td>0.0%</td><td></td><td>0.1</td><td>0.0%</td><td></td><td>0.1</td><td>0.0%</td><td></td></tr><tr><td>Total segment</td><td>$1,079.4</td><td>76.2%</td><td></td><td>$-29.0</td><td>-2.0%</td><td></td><td>$1,050.4</td><td>74.2%</td><td></td></tr><tr><td>2011</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Attritional</td><td>$720.3</td><td>54.9%</td><td></td><td>$41.0</td><td>3.1%</td><td></td><td>$761.3</td><td>58.0%</td><td></td></tr><tr><td>Catastrophes</td><td>262.0</td><td>20.0%</td><td></td><td>10.8</td><td>0.8%</td><td></td><td>272.8</td><td>20.8%</td><td></td></tr><tr><td>A&E</td><td>-</td><td>0.0%</td><td></td><td>-</td><td>0.0%</td><td></td><td>-</td><td>0.0%</td><td></td></tr><tr><td>Total segment</td><td>$982.3</td><td>74.9%</td><td></td><td>$51.8</td><td>3.9%</td><td></td><td>$1,034.1</td><td>78.8%</td><td></td></tr><tr><td>2010</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Attritional</td><td>$796.5</td><td>57.4%</td><td></td><td>$63.7</td><td>4.6%</td><td></td><td>$860.2</td><td>62.0%</td><td></td></tr><tr><td>Catastrophes</td><td>31.3</td><td>2.3%</td><td></td><td>9.4</td><td>0.7%</td><td></td><td>40.7</td><td>3.0%</td><td></td></tr><tr><td>A&E</td><td>-</td><td>0.0%</td><td></td><td>-</td><td>0.0%</td><td></td><td>-</td><td>0.0%</td><td></td></tr><tr><td>Total segment</td><td>$827.8</td><td>59.7%</td><td></td><td>$73.1</td><td>5.3%</td><td></td><td>$900.9</td><td>65.0%</td><td></td></tr><tr><td>Variance 2012/2011</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Attritional</td><td>$-13.5</td><td>-5.0</td><td>pts</td><td>$-68.3</td><td>-5.0</td><td>pts</td><td>$-81.8</td><td>-10.0</td><td>pts</td></tr><tr><td>Catastrophes</td><td>110.6</td><td>6.3</td><td>pts</td><td>-12.6</td><td>-0.9</td><td>pts</td><td>98.0</td><td>5.4</td><td>pts</td></tr><tr><td>A&E</td><td>-</td><td>-</td><td>pts</td><td>0.1</td><td>-</td><td>pts</td><td>0.1</td><td>-</td><td>pts</td></tr><tr><td>Total segment</td><td>$97.1</td><td>1.3</td><td>pts</td><td>$-80.8</td><td>-5.9</td><td>pts</td><td>$16.3</td><td>-4.6</td><td>pts</td></tr><tr><td>Variance 2011/2010</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Attritional</td><td>$-76.2</td><td>-2.5</td><td>pts</td><td>$-22.7</td><td>-1.5</td><td>pts</td><td>$-98.9</td><td>-4.0</td><td>pts</td></tr><tr><td>Catastrophes</td><td>230.7</td><td>17.7</td><td>pts</td><td>1.4</td><td>0.1</td><td>pts</td><td>232.1</td><td>17.8</td><td>pts</td></tr><tr><td>A&E</td><td>-</td><td>-</td><td>pts</td><td>-</td><td>-</td><td>pts</td><td>-</td><td>-</td><td>pts</td></tr><tr><td>Total segment</td><td>$154.5</td><td>15.2</td><td>pts</td><td>$-21.3</td><td>-1.4</td><td>pts</td><td>$133.2</td><td>13.8</td><td>pts</td></tr><tr><td colspan="2">(Some amounts may not reconcile due to rounding.)</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></table>
<table><tr><td>Return Periods (in years)</td><td>1 in 20</td><td>1 in 50</td><td>1 in 100</td><td>1 in 250</td><td>1 in 500</td><td>1 in 1,000</td></tr><tr><td>Exceeding Probability</td><td>5.0%</td><td>2.0%</td><td>1.0%</td><td>0.4%</td><td>0.2%</td><td>0.1%</td></tr><tr><td>(Dollars in millions)</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Zone/ Peril</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Southeast U.S., Wind</td><td>$665</td><td>$1,075</td><td>$1,371</td><td>$1,799</td><td>$2,045</td><td>$2,258</td></tr><tr><td>California, Earthquake</td><td>142</td><td>473</td><td>864</td><td>1,256</td><td>1,615</td><td>1,939</td></tr><tr><td>Texas, Wind</td><td>139</td><td>402</td><td>743</td><td>1,450</td><td>1,934</td><td>2,190</td></tr></table>

Question: If Attritional for Total Incurred develops with the same increasing rate in 2012, what will it reach in 2013? (in million)