RMS loss estimate News

RMS Estimates Insured Losses from Typhoon Jebi Could Reach $5.5 Billion

The insured loss for Japan from Typhoon Jebi, which made landfall in Japan on Sept. 4, will be between USD$3 billion and $5.5billion (¥340 to ¥620billion), according to the global risk modeling firm RMS. Approximately 80 percent of the loss …