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Eqecat puts €100m price on Italy quake

Italy earthquake map May 20 2012

Catastrophe risk modelling firm Equecat has estimated insured losses of around €100m for the northern Italy earthquake on 20 May, but warned of uncertainty.

Eqecat said: "Insured losses are unlikely to exceed the €200m experienced in the M6.3 L'Aquila earthquake in 2009, owing to a lower magnitude and a smaller affected population.

"However, due to

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