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Insurer: 2016 saw highest natural disaster losses in 4 years

BERLIN — Last year saw the highest costs from natural disasters since 2012, with a pair of earthquakes in Japan in April accounting for the heaviest losses, a leading insurer said Wednesday.

Losses from natural disasters worldwide totalled $175 billion last year, some $50 billion of which was covered by insurance, Munich Re said in an annual survey .

Snickers maker criticizes industry-funded paper on sugar

NEW YORK — Mars Inc., the maker of Skittles and M&M’s, is breaking ranks with other food companies and denouncing an industry-funded paper that says global recommendations on limiting sugar are based on weak evidence.

The paper drew criticism this week because it was paid for by a group whose members include Coca-Cola, Hershey, Red Bull and Oreo cookie maker Mondelez.