H1 natural catastrophe losses $70bn less than in 2011
Insured losses from natural catastrophes were approximately $12bn in the first six months of 2012, significantly less than the $82bn in the first half of 2011.
Nearly 85% of total insured losses worldwide were due to tornadoes and wildfires in the US, compared to an annual average of 65%, but total losses up to the end of June were below the six-month
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