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Global disasters expected to cost insurers US$32b in 2015

Saturday, December 19, 2015 - 05:50

Zurich

CATASTROPHES in 2015 proved more deadly than the previous year, although the total cost to the insurance industry is likely to be 8.6 per cent lower at US$32 billion, reinsurance specialist Swiss Re said in its annual "sigma" report on expected global insured losses, which was

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