Natural disasters have never been so expensive for insurers

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According to the annual review of natural disasters published by the second reinsurer Swiss Re, all earthquakes, hurricanes, typhoons ... caused damage valued at 123 billion in 2004, 49 billion of which were supported by insurance companies. This amount is a record that exceeds that of 1992 (year marked by Hurricane Andrew).

Major disasters of the year: the Asian tsunami, thirteen hurricanes in the United States and ten typhoons on Japan.



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