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Insured property losses from Christian pegged at $1.46 billion: Perils

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Perils A.G. has said it now sees insured property losses from European windstorm Christian, which hit parts of the continent in October 2013, at an estimated €1.07 billion ($1.46 billion), reports.

The catastrophe insurance data provider increased the estimate from its previous forecast of €994 million ($1.36 billion).

Another loss estimate for Christian will be released in late April 2014.

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