Printed from BusinessInsurance.com

Bullet train damage from typhoon estimated at $108 million

Posted On: Oct. 29, 2019 5:26 AM CST

Japanese bullet train

East Japan Railway Company estimates that the value of its bullet trains that were flooded by Typhoon Hagibis at the end of September was 11.8 billion Japanese yen ($108.3 million), The Japan Times reports. It also expects 12 billion yen in lost revenue in October as a result of the damage to its bullet trains.

Read more.