Insured Losses for Typhoon Faxai Estimated at US$3B-US$7B: AIR Worldwide

Industry insured losses from Typhoon Faxai, which made landfall in Japan on Sept. 9, will be between 340 billion Japanese yen (US$3 billion) and 740 billion yen (USD 7 billion), estimated Boston-based catastrophe risk modeling firm AIR Worldwide. Typhoon Faxai …

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