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Superstorm Sandy tops 2012 insurance claims by Geir Moulson The Associated Press Published Jan 3, 2013 11:25AM MDT Berlin • Natural disasters cost insurers $65 billion last year, with the United States accounting for nine-tenths of the bill and Superstorm Sandy prompting payouts of $25 billion, a leading insurance company said Thursday. However, Munich Re AG said that the total insured losses worldwide were down from a record $119 billion in 2011, when devastating earthquakes in Japan and New Zealand cost the industry dear. The company said total economic costs in 2012 from natural disasters worldwide — incl... Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.