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Historical hurricane costs upwards of $10bn in 2012, claim cat experts

Storm warning

Experts have stated that 28 out of almost 180 hurricanes that have occurred in the United States since 1990 would have caused $10bn (£6.3bn) or more in insured losses had they happened today.

According to independent experts in catastrophe risk management at Karen Clark & Company, the cost of devastation caused by these historical catastrophic events would be magnified in 2012, as a result

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