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December's weather in US and UK likely to cost insurers $4bn
11 January 2016Last month's extensive flooding across the north of England and southern Scotland is expected to result in insurance payouts amounting to £1.34 billion ($1.9 billion), said the Association of British Insurers.
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Insurers face claims of $1bn from storms in Germany and Texas
16 July 2014German insurers could face a hit of about €650 million ($887 million) as a result of claims from June's Ela storm, according to industry estimates.