Claims and losses, Nat Cat, Nat Cat events, News, Non-life, Property, Protection gap

Typhoon Yagi’s insurance claims top US$500m

(Re)insurance industry facing losses of hundreds of millions in both China and Vietnam, but economic losses in the billions will far outstrip payouts, highlighting the significant regional protection gap.

Editorial team

September 16, 2024

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3 min read

Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.

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