A drone operated by paramilitary police flies over the site of explosions at Binhai new district in Tianjin, China, August 17, 2015. REUTERS/Kim Kyung-Hoon
HONG KONG (Reuters) - Explosions in the Chinese port of Tianjin last month could generate insurance losses of up to $3.3 billion (2.16 billion pounds), reinsurance specialist Guy Carpenter & Company said in a report on Friday, nearly double what some analysts had originally thought.
Guy Carpenter, the risk and reinsurance unit of Marsh & McLennan Co Inc, used high definition satellite images to evaluate how buildings, cargo, containers and property around the port were affected by the blasts, the company said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
