Analysis, Nat Cat, Nat Cat events, Non-life, Reinsurance

Losses from rainstorm in Hong Kong to rival record from Typhoon Mangkhut

AM Best estimates the flooding in Hong Kong and the Pearl River Delta, caused by 1-in-500 year downpours, will result in losses similar to those caused by Typhoon Mangkhut — which could be billions of Hong Kong dollars in claims.

Doris Yu

September 13, 2023

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3 min read

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