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Natural disaster costs down so far in 2014: Munich Re

2014-07-09 13:06:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Floods, storms and other natural disasters claimed more than 2,700 lives and caused around $42 billion in damage worldwide in the first half of 2014, but this was well below the first half of last year and a 10-year average, reinsurer Munich Re said on Wednesday. The world's biggest reinsurer said landslides and flash floods in Afghanistan were the deadliest disasters, claiming more than 650 lives, while snow storms in Japan were the costliest, with insured losses of more than $2.5 billion. Storm...

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