super typhoon Meranti

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Typhoon Meranti insured losses could be as high as $1.15bn: AIR Worldwide

According to risk modelling firm AIR Worldwide, typhoon Meranti's impact on mainland China could have resulted in insurance and perhaps reinsurance industry losses of up to $1.15 billion, the firm estimates.AIR says that industry-wide insured losses will likely range between $650 million (CNY 4.3 billion) and $1.15 billion (CNY 7.7 read the full article →

Meranti a reminder of ILS potential in China, but unlikely a huge loss: RMS

Super typhoon Meranti's impact on China today provides a timely reminder of the opportunity for the insurance-linked securities (ILS) market in China, although it is unlikely to cause any significant loss to exposed collateralised reinsurance contracts, according to Ben Brookes of RMS.Super typhoon Meranti struck China today, although as a read the full article →

Super typhoon Meranti has medium-high insured loss potential: Aon Benfield

Reinsurance broker Aon Benfield's risk modelling unit Impact Forecasting says that super typhoon Meranti, which is tracking towards China with winds of an estimated , has medium to high insured loss potential.Super typhoon Meranti is a large and dangerous storm, with winds estimated around the 180mph mark and gusts estimated read the full article →