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Swiss insurers estimate glacier damage at $393 mn
Swiss insurers estimate glacier damage at $393 mn
Economy
by  AFP

Swiss insurers on Tuesday put the damage caused by last month's glacier collapse, which largely destroyed the Alpine village of Blatten, at 320 million Swiss francs ($393 million). To "repair the damage caused to buildings and personal property," nearly 260 million Swiss francs will be paid out to the local population, according to the association.