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Europe Daily Bulletin No. 11142

29 August 2014
Contents Publication in full By article 23 / 25
BUSINESS NEWS NO 114 / (ae) insurance

Comparatively calm first half of 2014 for insurers. Swiss Re, the second biggest European re-insurance company, has published a study on the cost of natural and man-made disasters in the first half of 2014. According to initial estimates, insured losses from disaster events amounted to $21 billion from overall economic losses of $44 billion. This figure is down compared to the average amount over the past ten years ($27 billion in insured losses). Natural disasters caused total economic...