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Insurance burden grows as global loss of life increases

This content was published on Mar 13, 2002 Swiss Re, the world’s second largest reinsurance company, also said in its survey that liability and life insurance losses relating to the September 11 terrorist attacks in the United States are now estimated at between $16.5 billion (SFr28 billion) and $39 billion. “2001 would have gone down as an average loss year had it not…