Storm clouds gather above Hong Kong as tropical cyclone Merbok approaches on June 12, the last time the city’s observatory issued a No.8 signal. Photo: AFP

Swiss Re launches Hong Kong’s first insurance policy for typhoon signal No.8 losses

New product, aimed at businesses likely to lose money during a severe tropical storm, pays out automatically if a No.8 warning is issued

Topic |   Hong Kong weather

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Storm clouds gather above Hong Kong as tropical cyclone Merbok approaches on June 12, the last time the city’s observatory issued a No.8 signal. Photo: AFP
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