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Swiss Re is reporting that, according to preliminary sigma estimates, total economic losses from natural catastrophes and man-made disasters were US$56 billion in the first half of 2013; disasters claimed 7,000 lives.

The overall economic losses to society of US$56 billion were below the US$67 billion of the first half of 2012. Insured losses were US$20 billion, of which US$17 billion stemmed from natural catastrophes, in large part due to widespread flood events. This was lower than the US$21 billion in the first half of 2012 and also below the average of the last 10 years. Man-made disasters triggered an additional US$3 billion in claims, unchanged from the first half of 2012. 

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