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Storm, flood losses to reach hundreds of millions

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A new report from Aon plc said that economic and insured losses from the heavy rainfall, storms, and widespread flooding that hit the Middle East, mainly the U.A.E., between April 8 and 17, are expected to reach into hundreds of millions of dollars, Reinsurance News reported. The report said that Dubai was severely affected by heavy rainfall on April 15 and 16, and the Dubai International Airport was completely flooded, leading to over 1,200 flight cancellations.

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