Damaged boats at Hong Kong Yacht Club in Causeway Bay. Photo: Handout

Typhoon Mangkhut bill could set Hong Kong record of US$1 billion in insurance claims

Economist says people and companies might evaluate durability of their properties or facilities, which will end up driving up costs and spending

Topic |   Typhoon Mangkhut

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Damaged boats at Hong Kong Yacht Club in Causeway Bay. Photo: Handout
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