MS&AD and Sompo Japan run up $2bn combined Faxai loss
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MS&AD and Sompo Japan run up $2bn combined Faxai loss

Emmanuel Kenning
19 September 2019
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Reuters 20190908

MS&AD Insurance Group and Sompo Japan Nipponkoa Insurance each expect to take around $1bn of losses from Typhoon Faxai, shoring up estimates of a low-single-digit-billion event.

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