Catastrophe Losses Lower than Average for 2012

Weather-related catastrophes in the United States, however, account for a larger-than-normal portion of global losses.

INN Breaking News, January 4, 2013

Chris McMahon

Severe weather-related catastrophes in United States accounted for a larger-than-normal portion of global catastrophe losses in 2012, increasing to 67 percent from an average of 32 percent, and 90 percent of global insured losses, compared to an average of 57 percent, according to Munich Re.

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