PRINCETON, N.J.--(BUSINESS WIRE)--In North America, natural catastrophes in the first half of the year caused overall losses of approximately US$ 12bn, of which insurers bore US$ 8bn. “The costliest global natural catastrophe for the insurance industry in the first half of the year was a series of exceptionally cold and snowy winter storms that struck the Northeastern US and Canada at the end of February, often leading to widespread power outages. Boston, alone, received almost ten feet of snow
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