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Oct
21

Warning of Supercat Events for Asia

Aon Benfield, the US-based reinsurance intermediary and capital advisor, asserts that whilst the United States will continue being hit by "Supercat" events - catastrophic events that cause a minimum of US$10 billion (EUR 7.2 billion) damage in insured losses, - insurers should heed its warning that Asian countries may experience such events in the foreseeable future.

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