Aon Benfield: For the second consecutive year, severe drought conditions impacted Brazil, leading to agricultural losses in excess of BRL10 billion USD4.3 billion . Around 10% of Brazilian farm land is covered by insurance. , according to Market Watch. In Haiti, a state of emergency was also declared for six parishes after farmers lost a second consecutive annual harvest crop. April 9, 2014 /PRNewswire/ -- Impact Forecasting , the catastrophe model development center of excellence at Aon Benfield, today releases the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during March 2014. Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc /quotes/zigman/9422289/delayed /quotes/nls/aon AON 1.72% . In Pakistan, a major drought continued during the month, killing at least 212 people in the Sindh Province, resulting in significant loss of livestock and agriculture. The government has allocated PKR1.8 billion USD18 million for relief and recovery.
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