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International

Claims paid for hailstorm damage in Japan reach nearly $351 million

June 25, 2024 Reprints

Data released by the General Insurance Association of Japan showed that claims paid for the hailstorm that hit the country’s Hyogo Prefecture on April 16 have reached 56 billion Japanese yen ($351 million), Reinsurance News reported. Damage to vehicles accounted for the largest share of coverage at 55.7%, followed by fire insurance (43.8%).

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Claims paid for hailstorm damage in Japan reach nearly $351 million

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