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Extreme Weather & the Insurance Industry

Extreme Weather & the Insurance IndustryExtreme Weather & the Insurance Industry

Hurricane Sandy wasn't the only catastrophic natural event to hit this year. Weather extremes have emerged as a universal phenomenon this year, and it could have a significant impact on the insurance industry.

China is having its coldest winter in nearly 30 years. Eastern Russia marked a temperature of minus 50 degrees Fahrenheit, a cold so piercing that traffic lights stopped working in one of their cities. Australia is besieged by a record heat wave, and combating bush fires as a result...

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