AIR Estimates Typhoon Roke Insured Losses at $150 to $600 Million

  Friday, September 23rd, 2011 Source: Insurance Journal

Catastrophe modeling firm AIR Worldwide has given preliminary estimates of the insured losses from Typhoon Roke at between JPY 12 billion ($150 million) and JPY 46 billion ($600 million). As reported earlier, Typhoon Roke, the 15th named storm of the 2011 Northwest Pacific typhoon season, made landfall near Japan’s Hamamatsu City in Shizuoka Prefecture at 2:00 pm local time (05:00 UTC) on September 21. Maximum sustained winds at landfall were 180 km/h [112.5 mph], making Roke a strong Category 2 storm.

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