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Insurers brace for a hit as Typhoon Mangkhut lashes HK and China
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iStock/ Imagedepotpro
Industry insured losses from Typhoon Mangkhut in mainland China, Hong Kong, and Macau will be between $1 billion and $2 billion, according to estimates by catastrophe risk modeling firm AIR Worldwide.
Typhoon Mangkhut, China, Hong Kong, Macau, Philippines, Catastrophe, Insured losses, Property cat, Flooding, Asia Pacific