Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Japanese insurers expect to pay out $830 million for typhoon claims

September 16, 2015 Reprints

Japan's three largest nonlife insurers anticipate around 100 billion Japanese yen ($830 million) in damage-related payouts following a recent series of typhoons and torrential rains that has hit the country, reported Nikkei Asian Review.

The three insurers are MS&AD Insurance Group Holdings Inc., Sompo Japan Nipponkoa Insurance Inc. and Tokio Marine Holdings Inc. Payments associated with floods and mudslides caused by rains linked to typhoon Etau have been pegged at JPY 30 billion ($249 million). Claims related to typhoon Goni that hit the country in August have been estimated at about JPY 70 billion.

Help

Japanese insurers expect to pay out $830 million for typhoon claims

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources