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Flooding causes widespread losses in Asia
03 August 2010
July experienced some of the worst flood events in history, with Asia being particularly affected by losses, according to Aon Benfield’s monthly cat recap report.
July experienced some of the worst flood events in history, with Asia being particularly affected by losses, according to Aon Benfield’s monthly cat recap report.
In Pakistan, more than 1,500 people died when monsoonal rains gave rise to the worst floods since 1929. At least an estimated 250,000 homes were damaged or destroyed and economic losses are expected to reach hundreds of millions of US dollars.
Meanwhile,...
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