Perils hikes Italian earthquake loss

Perils increased its industry loss estimate for the central
Italian earthquakes that struck last October by two-thirds in its
final report on the disasters.
It put the market loss at EUR208mn ($245.1mn), up from the
EUR125mn it estimated at the end of January.
The earthquakes affected the Italian regions of Lazio, Marche
and Umbria, including areas that had been struck two months earlier
by a 6.0 magnitude earthquake.
The October quakes ranged from 5.4 to 6.5 in magnitude.
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