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Damage by cyclone Thane to lower general insurers' profits
Chennai, Jan 3 (IANS) Insurance claims after Cyclone Thane crossed Cuddalore on the Tamil Nadu coast last week leaving a trail of death and destruction could bring down profits of general insurers this fiscal, say industry officials.
Both public and private general insurers are estimating the quantum of destruction wrought by Cyclone Thane on properties insured by them in Cuddalore and Villupuram
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