1. LINE

      Text:AAAPrint
      Society

      Fitch estimates Tianjin blasts could be 'one of the most costly catastrophe claims'

      1
      2015-08-19 09:10Xinhua Editor: Gu Liping

      The two explosions in Tianjin last week could generate insurance losses of up to 1.5 billion U.S. dollars, Fitch Ratings said on Tuesday.[Special coverage]

      Fitch put its estimate at "potentially exceeding 1-1.5 billion U.S. dollars," adding that the high insurance penetration rate in the area could make the blasts "one of the most costly catastrophe claims" for the Chinese insurance sector in the last few years.

      Two explosions ripped through a warehouse storing hundreds of tonnes of toxic chemicals last Wednesday night. Death toll from the accident has risen to 114, with 692 people hospitalized and 57 still unaccounted for.

      Auto makers who have warehouses close to the blast site were affected. Renault said it lost nearly 1,500 vehicles to conflagration. Volkswagen has temporarily suspended logistics and transportation of vehicles at the port, moving the branch to Shanghai and Guangzhou.

      Four aircraft at a heliport, 1,100 meters away from the site, were also destroyed, according to previous reports.

      With the incident still developing, Fitch expects the number of reported insurance claim cases to surge further in the coming few weeks.

      Shares of insurance firms have been in a slide since Aug. 12. Ping An Insurance plunged 5.1 percent on Tuesday, China Pacific Insurance fell 5.3 percent while China Life Insurance went down 4 percent.

        

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 日韩伦理片电影在线免费观看| 国产精品99精品久久免费| 人妻视频一区二区三区免费| 亚洲精品成人片在线播放| 黄色网页在线免费观看| 亚洲男人天堂2020| 一个人看的免费高清视频日本| 亚洲精品无码av天堂| fc2免费人成在线视频| 精品国产亚洲男女在线线电影| 又硬又粗又长又爽免费看 | 日本中文字幕免费看| 免费在线观看亚洲| 人人爽人人爽人人片A免费| 亚洲日韩国产成网在线观看| 成人免费网站视频www| 亚洲乱码日产一区三区| 99久久久国产精品免费牛牛四川| 亚洲精品人成电影网| 无码日韩人妻av一区免费| 亚洲aⅴ无码专区在线观看 | 亚洲免费一区二区| 国产午夜精品免费一区二区三区| 亚洲成人中文字幕| 国产曰批免费视频播放免费s| 国产亚洲精品影视在线| 国产一区二区三区在线免费| 一级女性全黄生活片免费看| 久久精品国产精品亚洲艾| 美女视频黄免费亚洲| 在线观看亚洲专区| 国产精品久久久亚洲| 一二三四在线播放免费观看中文版视频 | 久久久久久国产精品免费无码 | 亚洲国产精品一区二区第一页免| 国产免费人成视频尤勿视频| 亚洲短视频在线观看| 亚洲AⅤ视频一区二区三区| 毛片在线全部免费观看| 亚洲人成77777在线播放网站不卡 亚洲人成77777在线观看网 | 国产成人综合久久精品免费|