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posted on Dec. 27, 2007
Report: Catastrophe Losses in 2007 Impacted by High Losses from Flood and Storm Damage in Europe
According to initial estimates, tens of thousands of people were killed by natural and man-made catastrophes in 2007. The catastrophes led to overall financial losses of $61 billion across the globe. Property insurers had to contend with losses totaling $25 billion.
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