News Non-Life11 Oct 2019

Japan to face more CAT losses with upcoming Typhoon Hagibis

Japan is expected to encounter yet another category 5 Super Typhoon named Hagibis on Saturday morning (12 October). The track of Hagibis is very similar to that of Typhoon Faxai which just made landfall last month and is estimated to incur estimated insured losses of $5bn to $9bn, according to RMS.

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