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Colombia earthquake claims estimated at $3.7 trillion; payouts concentrated in Valle del Cauca and Risaralda
La RepúblicaLO·CO·about 14 hours ago
Colombian insurers' association Fasecolda reports $3.7 trillion in losses from the August earthquake, covering homes, businesses, vehicles, and other property. The figure is preliminary as obligations are still being evaluated, and the final insured loss could rise. This signals a significant economic impact on the insurance sector and affected communities.