Typhoon Jebi claims reach record $5.2bn

Claims from  typhoon Jebi have reached ¥585.10 billion ($5.17 billion), surpassing claims of Typhoon Mireille, the most expensive typhoon in Japan so far with ¥568.0 billion, according to the General Insurance Association of Japan (GIAJ).

Jebi made landfall in Western Japan on Sept. 4, 2018 with 165 kph (100 mph) winds – and prompted widespread wind and flood damage to many prefectures.

Total accepted claims from typhoon Jebi have reached 825,091 of which 108,928 were from automobiles, 694,310 from fire insurance and 21,853 from miscellaneous insurance including accident insurance, according to latest data from GIAJ.

Claims volume was driven by fire insurance, which triggered the bulk of total claims with ¥522.50 billion.

Claims from typhoon Trami, which hit Japan at the beginning of October 2018, have so far reached ¥187.35 billion, according to GIAJ.

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