Beirut explosion unlikely to produce Tianjin-scale insured losses
The warehouse explosion in the port area of Beirut on Tuesday is unlikely to lead to insured losses on the same scale as those that followed a similar incident in China in 2015, industry figures have said.
The explosion, thought to be caused by the ignition of 2750 tonnes of ammonium nitrate in a dockside warehouse, killed at least 137 people and injured over 5000, while dozens also remain missing in
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