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International

‘Overdue’ storm surge could lead to a $1 billion in claims

November 21, 2019 Reprints

A climate change expert in Ireland has said the country is overdue a storm surge that would leave the insurance industry facing €1 billion ($1.1 billion) in claims, The Irish Times reported. Coastal cities of Dublin, Cork, Limerick and Galway would be the worst-affected areas and account for the largest claims.

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‘Overdue’ storm surge could lead to a $1 billion in claims

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