Total catastrophe losses fall in 2009
The total cost of natural catastrophes and man-made disasters in 2009 fell to $52bn from $267bn in the 2008, a survey from Swiss Re has shown.
The insured cost of the catastrophes was around $21bn, with man-made disasters triggering additional claims of approximately $3bn. By way of comparison, total insured losses had soared to over $50bn
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