Best’s Commentary: Hong Kong 1-in-500-Year Flood Likely to Have Earnings Impact on Insurers
The recent devastating flooding following Super Typhoon Saola in
Referenced as 1-in-500-year event, the storm dropped a quarter of Hong Kong’s annual rainfall total in 24 hours. In the Best’s Commentary, “Hong Kong 1-in-500 Year
Offsetting factors include lower inflation in
To access the full copy of this commentary, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=335604.
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Source: AM Best
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