2025 black rainstorm may be among Hong Kong’s costliest natural disasters for insurance
This week’s record-breaking deluge may rank among Hong Kong’s costliest natural disasters for insurers, as the owners of cars and properties started to submit claims for damages caused by 11 hours of the highest category of rainstorm. The payouts may top the damages caused by last month’s Typhoon Wipha, but will be less than the…
