Monday, September 10, 2007

Swiss Re sees industry claims for natural catastrophes increasing

Swiss Re said it estimates that in 2007 claims for the industry from natural catastrophes will amount to roughly 35 bln usd, well above a benign 2006 which saw claims of 12 bln usd.

The higher claims scenario for 2007 underlines the long-term trend towards higher natural catastrophe claims.

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