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Windstorms cause insurance losses of $680 million: Perils


Switzerland-based catastrophe insurance market data provider Perils A.G. said that European windstorms and cyclones caused insurance and reinsurance industry losses of nearly €640 million ($680 million) in the 2016/17 winter season, Artemis.bm reports. The figure includes industry losses of more than €190 million from windstorm Zeus, which struck Europe in March and primarily affected France.

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