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Swiss Re: Insured losses down significantly in first half of 2017
Insured losses from disasters significantly reduced due to fewer and less intense events
Kaikōura quake claims total NZ$1.9bn
50% of claims are settled
Liberty and Wal-Mart reach settlement over comedians crash
Payout follows 2015 accident which saw Wal-Mart lorry hit Tracy Morgan's limousine
Jubilee oil rig losses reach $1.4bn
Losses rise from previous estimate of $1.25bn
Remapping catastrophe loss trends
A new UN-sponsored catastrophe risk atlas is set to become a pivotal tool in closing the protection gap in lower-middle and low-income countries, where only 2% of losses caused by weather-related natural catastrophes is covered by insurance
Turkish thunderstorms cause insured losses of $440m
Over the same period, floods in China caused economic damages estimated at $10 billion.
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