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Japan insurers pay $215m for April hail damage
Nearly 100% of the claims received were covered.
Insurance claims paid for the hail-fall that occurred in Japan’s Hyogo Prefecture and others on April amounted to $215.04m (¥33.6b), data from the General Insurance Association of Japan (GIAJ) showed.
Of the total 92,424 accepted claims, 98.7% of that were covered.
Paid claims under the coverage for damage to own vehicle reached $111.36m (¥17.4b). This was followed by fire insurance at $102.4m (¥16.0b) and miscellaneous at $1.02464m (¥160.1m).
($1.00 = JPY157.4)