Insured losses from China’s Meranti Typhoon could exceed $1bn


Industry-wide insured losses in China from Typhoon Meranti – which brought strong winds, high storm surge and flooding precipitation to southern Taiwan and eastern China’s Fujian Province – are likely to range between $650 million and $1.15 billion, according catastrophe modelling firm AIR Worldwide.

China, Meranti, Property/Casualty, Typhoon, Losses, Peter Sousounis

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