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Typhoon causes $1 billion of economic losses: Aon Benfield

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Typhoon causes $1 billion of economic losses: Aon Benfield

A report by U.K.-based reinsurance broker Aon Benfield Group Ltd.'s subsidiary Impact Forecasting L.L.C. said that typhoon Damrey caused an estimated $1 billion in economic losses in Vietnam, Asia Insurance Review reported. The report said that the storm destroyed more than 3,560 homes and damaged another 300,000.

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