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Best’s News & Research Service subscription required - January 18, 2012 12:43 PM (EST)

Costa Concordia Losses Could Reach $1 Billion, May Be Worst Marine Loss in History

Insured losses from the Carnival Corp. cruise ship Costa Concordia disaster are expected to be between $500 million and $1 billion, according to a report released by Espirito Santo Investment Bank. . . .

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