The Institutes

Thai Floods: Insured Losses And Social Media Updates

 Thursday, November 3, 2011

 Insurance Information Institute - Blog

Thailand has seen its worst flooding in decades over the last few months. At least 400 fatalities have been attributed to the floods in Thailand and neighboring Cambodia and Vietnam, while severe damage has been caused across the country. Floodwaters have now reached the capital Bangkok. Insured losses from the Thai floods are likely to run into billions of dollars, much of which will be funded by international insurers and reinsurers, according to the Wall Street Journal.

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