Hong Kong flood gross loss to rival Typhoon Mangkhut: AM Best

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Reinsurance News - Sep 21, 2023

In early September, Hong Kong and the Pearl River Delta area, including China’s Guangdong Province and Macau, suffered substantial flooding from a major rainstorm, and AM Best expects the gross loss will not be quite as severe but could come close to rivalling the $400 million in losses from Typhoon...

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