Officials in Thailand say insurance losses from months offlooding could cost insurers greatly, with some estimates runningas high as $13 billion as floods reached industrial zones.
Most of the losses would be paid by Japanese insurers, accordingto one major insurance broker.
Sixty of Thailand’s 76 provinces have been affected by floodingcaused by heavy monsoon rains beginning in July, according to areport released by London-based insurance broker Jardine LloydThompson (JLT).
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