December to push 2010 nat cat toll over $40bn
Winter storms in Europe and the US and the inevitable torrent of claims from the Queensland flooding will add to a total of natural catastrophe insured losses for 2010 that has already become the sixth-worst since 1980.
Detailed loss estimates for heavy snowstorms that struck Northern Europe before Christmas and the US just after are yet to be released.
But a quartet of winter storms in January-February 2010 were responsible for an aggregate of almost $1.5bn in insured losses, according...
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