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Munich Re sees no major hit from claims linked to missing Malaysia Airlines jet

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Munich Reinsurance Co. does not foresee a big hit from damage claims related to the missing Malaysia Airlines plane, Reuters reported.

Munich Re board member Torsten Jeworrek said that till now they do not have a forecast for the size of the claims that insurers are likely to pay.

However, the amount of $500 million reported by some media sources was too big, Mr. Jeworrek said.

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