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Insured catastrophe losses hit $45 billion in '09: Report |
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MUNICH, Germany ? Catastrophes caused more than $200 billion in economic losses in 2008, while insured losses totaled $45 billion, according to research from Munich Re Group. Overall losses for 2008 were up more than 143% from 2007, while insured losses during the same period were up 50%, Munich Re'
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