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International

Catastrophes' insurance tab totals nearly $600 million in Mexico

June 19, 2019 Reprints

Mexican insurers' association said that natural disasters caused $594 million in insured losses in 2018 with tropical storms and floods accounting for 40% of the damage, BNamericas reported. The association said that Mexico's water regulator expects 33 tropical cyclones to make landfall or come close to the country this year.

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Catastrophes' insurance tab totals nearly $600 million in Mexico

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