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Data from the Czech National Bank showed that the amount of claims settled by local property insurers grew more than 18% year over year due to extreme weather in 2017, Xprimm.com reported. The amount of claims settled by nonlife insurers increased 7%. The local insurers' association said that storm Herwart, which hit the country in October 2017, caused an estimated 1.4 billion Czech koruna ($68.5 million) in insured losses.