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			<h1 class="headline">Hurricane Harvey may cost insurers $30bn</h1>
			<span class="post-byline">By <a href="http://www.naijabrain.com/author/admin/" title="Posts by admin" rel="author">admin</a> on September 10, 2017</span>							<div class="social-sharing-top">
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																																																	<p>Hurricane Harvey, which lashed Texas and Louisiana with unprecedented rain last month, could end up costing insurers between $25 and $30 billion (21 and 25 billion euros), German reinsurance firm Munich Re estimated on Sunday.</p>
<p>“It is a big estimate. The cost could climb a little bit, but not much,” said Torsten Jeworrek, a member of Munich Re’s management board, during at an insurance conference in Monaco.</p>
<p>AFP</p>
<p>&#013;<br />
Source: Punchng</p>
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