In 2018, Jebi became the most expensive thyphoon on record, according to the General Insurance Association of Japan. In the same year, typhoon Mangkhut hit the Philippines with wind speeds of up to 270km per hour. Weather related losses are on the rise around the world.
Allianz Re's Dr Markus Stowasser shares some insights.
Reproduced with permission of Asia Insurance Reveiw - June 2019.
