Industry insured losses from Typhoon Mangkhut in mainland China, Hong Kong, and Macau will be between US$1 billion and US$2 billion, according to catastrophe risk modeling firm AIR Worldwide. After making landfall in the Philippines, Typhoon Mangkhut doused a less …
A super typhoon made landfall in China’s Guangdong on Sunday, the country’s most populous province, after wreaking havoc in Hong Kong and Macau and killing potentially more than 50 people in the Philippines. Packing winds of more than 200 kph …
Swiss Re has partnered with Ping An Property & Casualty Insurance Co. of China Ltd. to launch China’s first mobile-enabled typhoon property parametric insurance solution. This solution is designed to provide an affordable, easy-to-use insurance product for both individuals and …
Typhoon Haima made landfall in China after it brushed past Hong Kong, forcing the city’s stock exchange to cancel trading for the day and airlines to suspend flights. The Hong Kong Observatory said it will consider lowering Storm Signal No. …
Typhoon Megi lashed Taiwan with wind and rain on Tuesday, bringing 20-foot-high waves and knocking pedestrians off their feet in Taipei. More than 280,000 households lost electricity, state-owned utility Taiwan Power said on its website. About 5,000 people were evacuated, …
Already equivalent to a Category 4 hurricane with maximum 10-minute sustained winds of 115 knots (212 km/h, 132 mph), super typhoon Meranti is expected to strengthen during the next few days and then make landfall on the coast of Fujian …
Hong Kong issued its third-highest storm signal for the first time this year as Severe Typhoon Kalmaegi sweeps past China’s financial center. The Hong Kong Observatory raised the No. 8 Storm Signal at 10:30 p.m. local time yesterday, according to …
Hundreds of thousands of people in southeast China were evacuated and fishing vessels called back to shore on Sunday because of an approaching typhoon, authorities said. Typhoon Fitow was expected to make landfall early Monday between Zhejiang and Fujian provinces, …
