09 Jan Typhoon Doksuri’s 2023 rampage across China leaves US$23 billion shortfall in insurance coverage, Munich Re says
Posted at 07:30h
in Asia
Typhoon Doksuri, which triggered extreme flooding across China last summer, was one of the costliest natural disasters worldwide in 2023, leaving a multibillion-dollar shortfall in insurance coverage, according to experts.The catastrophe caused US$25 billion in economic losses, the second-costliest natural disaster worldwide and the costliest...
