NU Online News Service, Sept. 9, 2:33 p.m. EDT
Insured losses from catastrophic events for the 2011 first half increased 141 percent over the same period last year — but the disasters claimed significantly fewer lives, according to a report from Swiss Re.
Today, the Zurich, Switzerland-based insurer released its preliminary estimate of losses, which says natural catastrophes and man-made disasters reached an estimated $70 billion in the first half of the year, $41 billion more than the $29 billion experienced over the same period last year.
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