BERLIN: Natural disasters, led by Super Typhoon Yolanda (Haiyan) in the Philippines and flooding in Europe, cost a total of $125 billion (92 billion euros) in 2013, German reinsurance giant Munich Re estimated on Tuesday.

The figure was below the average over 10 years of $184 billion, with insured losses of $31 billion, down from the average $56 billion.

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