5 August 2016Insurance

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

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.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
2 September 2026   AI boom drives commercial growth, but dual tech exposure brings balance sheet risk.
Insurance
2 September 2026   Two senior appointments expand focus on property, multinational, captive business.
Insurance
2 September 2026   Brings more than 20 years’ insurance experience to Liberty Europe.