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Insured disaster losses fall by $4bn in first six months of 2014

Dark storm clouds and lightning broken by the sun shining down onto a calm sea

Total economic losses from natural catastrophes and man-made disasters reached $44bn (£26.5bn) in the first half of 2014, according to preliminary estimates from Swiss Re’s Sigma database.

The global insurance industry covered $21bn of these losses, down from $25bn in H1 2013 and lower than the average first-half year loss of the previous 10 years ($27bn).

Natural catastrophes caused

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