Typhoon Meranti Insured Losses in China Could Top $1 Billion: AIR Worldwide

Insured losses on mainland China from September’s Typhoon Meranti are expected to fall between $650 million (CNY 4.3 billion) and $1.15 billion (CNY 7.7 billion). According to catastrophe modeling firm AIR Worldwide, the wide range in its modeled insured losses reflects uncertainty in the …

from News – Insurance Journal