Italian quake losses to hit £560m

Italy earthquake map May 20 2012

Estimates for insured losses from the Italian earthquakes could be as much as £558.5m, it has been suggested, after a second disaster rocked north west Italy yesterday.

Catastrophe risk model advisor Eqecat originally estimated losses of between £79m and £160m when the second aftershock earthquake hit Bologna, but has now stated that the latest event could create

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