AIR Estimates Typhoon Megi Philippines Insured Losses under $150 Million (Insurance Journal)

AIR Estimates Typhoon Megi Philippines Insured Losses under $150 Million

  Tuesday, October 19th, 2010 Source: Insurance Journal

Catastrophe modeling firm AIR Worldwide estimates that insured losses to onshore properties in the Philippines from Super Typhoon Megi will likely be less than 6.5 billion Philippine pesos ($150 million. AIR said its "loss estimates reflect insured damage to property (residential, commercial, industrial), and contents."

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