Asian tsunami; Swiss Re estimates
Swiss Re has announced that it expects its claims from the tsunami that hit Asia on 26 December 2004 to be below CHF100m (£46m). The devastation caused in the aftermath of the natural disaster has already seen an estimated 150 000 lives lost, with this total still rising.
The tsunami was caused by a massive earthquake, registering 9.0 in magnitude, that occurred off the northern coast of Indonesia in the early hours of 26 December and which caused the seabed to shiftOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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