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Global catastrophe losses down in 2014

Insured catastrophe losses in 2014 fell to the lowest level since 2009, according to a report released Wednesday by Guy Carpenter & Co. L.L.C.

Guy Carpenter’s annual “Global Catastrophe Review” said insured catastrophe losses last year were about $33 billion. In contrast, what Guy Carpenter called “historic” insured catastrophe losses in 2011 totaled about $126 billion.

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