Insured Losses from Typhoon Faxai Estimated at US$5 Billion to US$9 Billion: RMS

RMS, the Newark, Calif.-based risk modeling and analytics firm, has estimated that the insured loss from Typhoon Faxai will be between $5.0 and $9.0 billion (¥ 500 to ¥950 billion). This estimate includes property damage and business interruption caused by …

from News – Insurance Journal