Large cat losses hit China but only 2% of damage covered by insurance

05-08-2016

China faced the worst flooding since 1998, leaving the country with an economic toll of $33 billion. Only 2 percent of the damage is covered by insurance, according to Aon Benfield’s global catastrophe recap report for July.


Aon Benfield, Impact Forecasting, Catastrophe, Cat losses, China

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