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Industry cat losses to hit $65m in 2012, says Swiss Re

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Insured losses from natural catastrophes and man-made disasters will reach approximately $65m in 2012, according to Swiss Re.

Natural catastrophes alone will cost $60bn in insured claims.

After a benign first half of the year, superstorm Sandy and drought in the US in the second half of 2012 will lead to total economic

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