Insurance Post

Damaging aftershocks hit northern Italy

earthquake

Two damaging aftershocks, a magnitude 5.8 followed by a magnitude 5.4, occurred on 29 May in Italy's Emilia-Romagna region, which experienced a magnitude 6.0 earthquake on 20 May.

In light of these events, catastrophe modelling firm Eqecat revised its estimate of insured loss from the 20 May event and its aftershocks from €300m to €700m. This loss estimate is particularly

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