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Losses from natural and man-made disasters so far this year are estimated to total $187 billion (154 billion euros), the reinsurance giant Swiss Re said Tuesday. Insurers covered less than half of the losses, dishing out $83 billion so far in disaster-related compensation, making 2020 the fifth-costliest year for the industry since 1970, Swiss Re said. nl/vog/txw
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2020-12-15
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