Hong Kong floods may impact reinsurance renewals  – Insurance News

Hong Kong flooding that’s been described as a 1-in-500-year event may have implications for the upcoming reinsurance renewals, AM Best says.  Remnants of Typhoon Haikui bought torrential rain to Hong Kong and the Pearl River Delta area including China’s Guangdong Province and Macau earlier this month.  Hong Kong’s weather station at the observatory headquarters recorded … Read more