The vast majority of China's population lies to the southeast of a line running from Beijing to Sichuan. This entire region is subjected to major floods each year, while typhoons affect the southern and eastern coastal areas and major earthquakes affect the western and northern margins. The average annual direct property damage is estimated at approximately USD 15 billion, and when combined with other immediate economic losses, including business...
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DETAILS
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2008/05/12
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Brief
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52953
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1
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1
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2010/07/01
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Disclosed
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Catastrophe insurance policy for China
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catastrophic events
Citation
Wang,Jun.
Catastrophe insurance policy for China (Laotian). East Asia and the Pacific (EAP) Disaster Risk Management (DRM) knowledge notes working paper series ; no. 17 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/232431468219577903