Insurers pay out $1.6bn+ for Japanese flooding and Typhoon Haishen claims

Typhoon Haishen

More than ¥87bn ($841mn) of claims payments have now been made in relation to the July 2020 Japanese floods with a further ¥85bn ($822mn) paid out due to Typhoon Haishen, according to the latest data released by the General Insurance Association of Japan (GIAJ).

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