Tuesday, October 14, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

P&C insurers brace for claims from Super Typhoon Ragasa

by Euro Times
September 24, 2025
in Finance
Reading Time: 2 mins read
A A
0
Home Finance
Share on FacebookShare on Twitter


Tremendous Hurricane Ragasa is a inflicting widespread disruption within the area throughout Hong Kong, Taiwan, the Philippines, mainland China, Macau and Vietnam with heavy rain, robust winds, cancelled flights, colleges and occasions, closes places of work, fallen bushes and low degree flooding.

Hundreds of thousands of individuals, companies and vacationers have been impacted throughout the area, and the strongest storm of 2025 is more likely to set off many 10s of tens of millions of US {dollars} of claims for property and casulaty (P&C) insurers and reinsurers because the market assesses the harm as soon as the storm passes. 

It is likely one of the strongest storms to ever hit Hong Kong, though the storm is unlikely to make a direct landfall. Macau and Hong Kong, each Particular Administrative Areas, are susceptible to widespread flooding. Many eating places, walkways and retailers have been hit by the storm, and there have been some energy outages in Macau. 

Taiwan has been impacted by flooding and not less than 14 folks have been killed and over 100 individuals are lacking, in accordance with experiences, whereas a whole bunch of 1000’s have been evacuated in Guangdong province. 

Cathay Pacific, Hong Kong’s flasghip ariline, determined to droop all flights from Hong Kong Worldwide Ariport from 6pm on Tuesday, September 23, to 6am on Thursday, September 25. Many different airways have cancelled or suspended companies. 

The Hong Kong Observatory and the Meteorological and Geophysical Bureau in Macau raised their highest alerts of T10 in a single day on September 23. The gradual transferring large storm, which has had wind gusts of as a lot as 240 km/hr is ready to proceed its trajectory in direction of elements of southern China, together with Hainan Island, after which Vietnam.

Hong Kong is more likely to be shutdown most of Wednesday, September 24, as residents and vacationers shelter, and colleges stay closed. Hong Kong’s transport system virtually fully shuts down when the T10 sign is in drive. 

Ragasa is a Filipino phrase for ‘quick movement’, whereas the storm has been known as Nando within the Philippines.

The Hong Kong Inventory Change has remained open all through the storm because of its new excessive climate coverage the place buying and selling and knowledge is sustained to be made out there digitally.  

This can be a creating story. 



¬ Haymarket Media Restricted. All rights reserved.







Source link

Tags: BraceclaimsInsurersRagasaSuperTyphoon
Previous Post

Trump Pushes Unproven Link Between Tylenol and Autism

Next Post

How to Keep Your Liver Healthy in Your 50s and Beyond

Related Posts

How Civil Rights Activists use the Fourteenth Amendment to Bypass the First Amendment

How Civil Rights Activists use the Fourteenth Amendment to Bypass the First Amendment

by Wanjiru Njoya
October 14, 2025
0

A federal court docket in Virginia lately dominated that the title of Accomplice Normal Stonewall Jackson, who's considered an ideal...

Economic Myths: Homo Economicus | naked capitalism

Economic Myths: Homo Economicus | naked capitalism

by Yves Smith
October 14, 2025
0

Yves right here. Your humble blogger believes that the bogosities of mainstream economics, which is sort of all of it,...

Sugar Prices Sharply Lower as Supply Concerns Fade

Sugar Prices Sharply Lower as Supply Concerns Fade

by Barchart
October 13, 2025
0

March NY world sugar #11 (SBH26) on Monday closed down -0.49 (-3.04%), and December London ICE white sugar #5 (SWZ25)...

RBI announces measures to facilitate cross-border trade transactions

RBI announces measures to facilitate cross-border trade transactions

by Euro Times
October 13, 2025
0

Banks in India and their abroad branches have been permitted to lend in Indian Rupees to individuals resident in Bhutan,...

Gestamp and Hydnum Steel sign clean steel agreement

Gestamp and Hydnum Steel sign clean steel agreement

by David Leggett
October 13, 2025
0

Gestamp and first metals producer Hydnum Metal have signed an settlement to make use of clear metal produced with renewable...

Universal Childcare: Real Problem, Wrong Solution

Universal Childcare: Real Problem, Wrong Solution

by Anna Claire Flowers, Edward Timmons
October 14, 2025
0

Governor Michelle Lujan Grisham introduced in September that New Mexico will change into the primary state within the nation to...

Next Post
How to Keep Your Liver Healthy in Your 50s and Beyond

How to Keep Your Liver Healthy in Your 50s and Beyond

Trump administration rehires laid-off employees after cost-cutting blitz | Donald Trump News

Trump administration rehires laid-off employees after cost-cutting blitz | Donald Trump News

It’s The End Of The Line For Alex Jones As SCOTUS Rejection Means He Must Pay Sandy Hook Families

It’s The End Of The Line For Alex Jones As SCOTUS Rejection Means He Must Pay Sandy Hook Families

October 14, 2025
In Iceland, a town still shaken by volcanic eruptions tries to recover

In Iceland, a town still shaken by volcanic eruptions tries to recover

October 14, 2025
Golcap to acquire Itaituba Vanadium project in Brazil (GCRCF:OTCMKTS)

Golcap to acquire Itaituba Vanadium project in Brazil (GCRCF:OTCMKTS)

October 14, 2025
How Civil Rights Activists use the Fourteenth Amendment to Bypass the First Amendment

How Civil Rights Activists use the Fourteenth Amendment to Bypass the First Amendment

October 14, 2025
Tomahawk to Not Solve Ukraine Conflict, But Only Escalate Situation to Nuclear War

Tomahawk to Not Solve Ukraine Conflict, But Only Escalate Situation to Nuclear War

October 14, 2025
YouGov plc 2025 Q4 – Results – Earnings Call Presentation (OTCMKTS:YUGVF) 2025-10-14

YouGov plc 2025 Q4 – Results – Earnings Call Presentation (OTCMKTS:YUGVF) 2025-10-14

October 14, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

It’s The End Of The Line For Alex Jones As SCOTUS Rejection Means He Must Pay Sandy Hook Families

In Iceland, a town still shaken by volcanic eruptions tries to recover

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In