Typhoon Krosa losses swell up to $600m says AIR
Typhoon Krosa has caused up to $600m in insured losses across Taiwan and China, according to catastrophe risk modelling company AIR Worldwide.
Dr Peter Sousounis, senior research scientist at AIR said: “The storm’s wind and rain—which averaged nearly 8 inches in Fujian and Zhejiang—destroyed 3500 homes, caused extensive flooding of cropland
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