Overall CAT Losses Low for 1st Half 2014
Global natural catastrophe activity low for the first half of 2014. However, various blizzards in North America this past winter totaled around $3.4 billion, according to Munich Re.
INN Breaking News, July 9, 2014
Global economic losses of $42 billion and insured losses of $17 billion to the end of June were considerably below the average for the past 10 years, according to Munich Re’s 2014 Half-Year Natural Catastrophe Review. However, winter did hit hard.
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