Typhoon Faxai could cost non-life insurers in Japan as much as 300bn yen ($2.8bn) according to Yasuzo Kanasugi, the chairman of the General Insurance Association of Japan (GIAJ).
Typhoon Faxai to be as costly as Trami

Typhoon Faxai could cost non-life insurers in Japan as much as 300bn yen ($2.8bn) according to Yasuzo Kanasugi, the chairman of the General Insurance Association of Japan (GIAJ).