First estimates of hurricane Charley’s losses

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Hurricane Charley, which lashed Florida on August 13, has inflicted considerable damage and claimed the lives of 20 people. For insurers, the damage would amount range between 7 and 13 billion USD. The first estimates report a 100-million-USD loss for Munich Re, less than 200 million USD for Swiss Re, 25 million USD for Converium, 125 million USD for XL capital. The hardest-hit among American companies are State Farm and Allstate.

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Thu, 30/05/2013 - 10:53
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