1 October 2018News

Japan counts costs after Typhoon Trami hits

Typhoon Trami has struck Japan, bringing down trees onto railroad tracks and power lines and depositing debris across Tokyo. Almost 400,000 households have been left without power, as the typhoon brushed past the Japanese capital early on Monday, Oct. 1, Reuters reported.

According to the latest reports the typhoon has killed two people, injured almost 130 and left thousands stranded as train lines were closed or severely delayed, the report noted. Trami made landfall in western Japan on Sunday evening and threatened heavy rains, strong winds and landslides on the northern-most main island of Hokkaido, the Japan Meteorological Agency said. The island was hit by an earthquake last month.

Kansai International Airport in Osaka in western Japan said it had opened its runways as scheduled at 6 am (2100 GMT Sunday), after being closed since 11 am on Sunday.

The airport had only fully reopened on Sept. 21 after being heavily flooded earlier that month by Typhoon Jebi, the most powerful storm to hit Japan in 25 years, Reuters added.




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26 November 2018   Fitch Ratings has claimed that Japanese non-life insurance groups Tokio Marine Holdings, MS&AD Insurance Group Holdings and Sompo Holdings have incurred their biggest annual catastrophe loss on record in the first half of the financial year ending March 2019 (FYE19). All three have offices or subsidiaries based on Bermuda.

More on this story

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26 November 2018   Fitch Ratings has claimed that Japanese non-life insurance groups Tokio Marine Holdings, MS&AD Insurance Group Holdings and Sompo Holdings have incurred their biggest annual catastrophe loss on record in the first half of the financial year ending March 2019 (FYE19). All three have offices or subsidiaries based on Bermuda.