Earthquakes top reinsurance losses in 2010 according to Guy Carpenter
The earthquakes that devastated parts of Chile and New Zealand were the largest source of losses in 2010, costing the reinsurance industry $8bn (£5.07bn) and $4bn respectively, according to a new report by Guy Carpenter & Company.
Of the eight catastrophes that individually caused insured losses of more than $1bn, five were related to severe weather and storms in the United States, Australia and Europe, for a total loss of $7
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