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.
To continue reading, you need a subscription to Intelligent Insurer. Start a subscription today for £655.
In-house feature articles, the archive and expert comment require a paid subscription. Subscribe now.
Want to give it a try? We are offering a two week free trial to the Intelligent Insurer website – register and select “Two Week Free Trial” to begin access to the full Intelligent Insurer archive and read the latest news, features and expert comment. Begin your free trial here.
Is your 2 week free trial about to end? Upgrade to a 12 month subscription for £655 now.
If you have already subscribed please login.
If you have any technical issues please contact support.
Aon Benfield, Impact Forecasting, Catastrophe, Cat losses, China