Natural catastrophe losses lower in 2014: Munich Re
Frankfurt (AFP) Jan 7, 2015 - Financial and human losses from natural catastrophes were lower in 2014 than in 2013, the world's leading reinsurer Munich Re calculated in its annual review published Wednesday. "Overall losses from natural catastrophes totalled $110 billion (92.6 billion euros) in 2014, down from $140 billion in 2013," Munich Re calculated. At 7,700, the number of fatalities was also much lower than 21 ... more
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