RMS: High number of insurance claims expected from China quake
Risk modeller RMS has said that it expects a large number of insurance claims to arise from the strong magnitude 7.8 earthquake that struck Eastern Sichuan Province, China, today 12th May.
RMS said most of the damage reports so far are from Chengdu, which is the 10th largest city by GDP in the country, with some 4.5 million people. Domenico del Re, senior model manager at RMS in London
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