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Tianjin claims expected to rise above $5bn, says IUMI

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Insurance industry losses from the explosion at China's Tianjin port could rise above $5bn (£3.43bn) according to an industry expert.

Speaking at the International Union of Marine Insurance winter conference in London on 2 February Patrizia Kern-Ferretti, head of marine at Swiss Re Corporate Solutions and a member of the IUMI Facts

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