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News

Stuck in the Middle: Climate-related Risk Exposure is Increasing in Emerging Economies

Risk & Insurance

  • December 18, 2012

The flooding in Thailand last year was a wake-up call to companies and insurers alike.It disrupted global supply chains and caused up to $30 billion in economic losses -- of which only $12 billion was insured, according to Swiss Re. Munich Re put the overall loss at $43 billion, of which only $16 billion was insured.

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