TERRA.WIRE
Hurricane Dean caused 1-2 bln dlrs in damage: Munich Re
BERLIN, Sept 5 (AFP) Sep 05, 2007
Hurricane Dean, which slammed into Mexico last month killing around 30 people, caused one to two billion dollars (735 million-1.5 billion euros) in total insured damage, German reinsurance giant Munich Re said on Wednesday.

Munich Re, one of the world's top reinsurers, said its own exposure to the monster category-five hurricane was estimated to be "mid-to-high double digit millions" of euros before tax.

At its peak, Hurricane Dean packed maximum sustained winds of 270 kilometers (165 miles) per hour, making it the first category-five Atlantic hurricane to hit land since Hurricane Andrew ravaged the US state of Florida in 1992.