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… according to the insurance industry. The earthquakes in Japan in March and New Zealand in February accounted for the bulk of these losses, according to … Wilma and Rita alone caused claims of over $100 billion.” Munich Re noted that the disaster year went against overall trends. Normally, weather-related disasters are the … is still quite low, even in some industrialized countries with high seismic risk, like Japan. So on top of people losing their loved ones, societies are faced …