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International

Yangtze River floods in China world's costliest natural disaster: Report

July 21, 2017 Reprints

A report by U.K.-based reinsurance broker Aon Benfield Group Ltd.'s subsidiary Impact Forecasting L.L.C. found that floods across China's Yangtze River basin was the costliest natural disaster in the world in the first half, Asia Insurance Review reported. The natural disaster, which occurred during June and July, caused economic losses of more than $6.4 billion.

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Yangtze River floods in China world's costliest natural disaster: Report

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