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Page added on December 29, 2006

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Munich Re Sees Natural Catastrophes on the Rise

Munich Re sees the number of severe weather-related natural catastrophes increasing in coming years because of global warming, among other reasons, the German reinsurer said on Thursday.


Torsten Jeworrek, a member of Munich Re’s management board, said that the increase in such disasters means continually rising loss potentials for insurance and reinsurance firms.
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