« Montana High Court Says University System Must Provide Gay Employees with Domestic Partner Benefits | Main | Call for action as over 10% of US under-5s reported overweight »
December 31, 2004
Swiss Re says insurance cost of tsunami low
Damages from Sunday’s tsunami seem unlikely to wreak devastation on the insurance industry after Swiss Re, the world’s second-largest reinsurer, said on Thursday that disaster would cost it less than SFr100m ($88m).
The Swiss group said that despite the widespread death and destruction, the effect on its business would be comparatively low.
Posted by Tom Troceen