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Typhoon Nanmadol seen as Japanese industry loss threat

Update: See our more recent article on typhoon Nanmadol. While tropical storm Fiona may be concerning some, given the uncertainty in its eventual path, on the other side of the globe typhoon Nanmadol is seen as a relatively significant Japanese loss threat by insurance and reinsurance market interests.

Typhoon Nanmadol is set to strike southwest Japan with sustained winds of 100 mph and higher, plus gusts of up to 130 mph, according to recent forecasts.

It’s not just the potential for Category 3 strength winds though, rather it’s the fact the forecast for typhoon Nanmadol is for the storm to travel the length of Japan, so it could deliver a particularly wide damage footprint.

FULL ORIGINAL PUBLICATION HERE

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