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Catastrophes cost insurers $26bn in 2009
16 March 2010
Natural catastrophes and man-made disasters cost insurers $26bn in 2009, according to Swiss Re’s latest sigma study. The overall cost to society was $62bn.
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Natural catastrophes and man-made disasters cost insurers $26bn in 2009, according to Swiss Re’s latest sigma study. The overall cost to society was $62bn.
On a worldwide basis, natural catastrophes cost insurers $22bn in 2009, while man-made disasters cost an additional $4bn. Insured losses were highest in North America, where they cost insurers more than $12.7bn.
The death toll was the highest in Asia, where nearly 9 400...
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