2013 cat losses $20bn below 10-year average
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2013 cat losses $20bn below 10-year average

Last year's natural catastrophe and man-made loss tally came in $20bn below the 10-year average, providing a "respite" for the P&C (re)insurance industry after Superstorm Sandy in late 2012 and the $100bn+ of international losses in 2011, Guy Carpenter...

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