AIR Worldwide: Hagibis insured losses in $8bn-$16bn range

AIR Worldwide

Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses from Typhoon Hagibis, which made landfall in Japan on 12 October will be between JPY 865bn ($8bn) and JPY 1,730 billion ($16bn), with more than half of the losses due to inland flooding.

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