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Los Angeles wildfires to trigger ‘the most substantial wildfire losses in the history of the insurance industry', warns Munich Re [Fortune]
MUENCHENER RE GP UNSP/ADR (MURGY)
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Source: Fortune
NASDAQ:AMEX Investor Relations: ir.kiterealty.com
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Munich Re, which acts as an insurer for insurers, said it expected some 1.2 billion euros ($1.3 billion) in loss claims from the fires. The estimate was “subject to a
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