Typhoon Doksuri ’s 2023 rampage across China leaves US$23 billion shortfall in insurance coverage, Munich Re says

The “trend [of] decreasing insurance gap, or increasing insurance penetration” of high-income countries “has not been observed to a similar degree in China,” said Munich Re’s chief climate scientist Ernst Rauch. The catastrophe caused US$25 billion in economic losses, the second-costliest natural…#munichres #ernstrauch #asiapacific #africa #munichre #typhoondoksuri #turkey #syria #hurricaneian #southamerican
Source: Reuters: Health - Category: Consumer Health News Source Type: news