NU Online News Service, April 14, 4:04 p.m. EDT
A 6.9 magnitude earthquake has claimed hundreds of lives in the Qinghai province of China, but there will be little impact on insurers, judging by past quake losses in that country.
Catastrophe modeling firm AIR Worldwide in Boston said most of the buildings in the region are unlikely to be insured and the catastrophe modeler expects no significant insured losses.
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