Ping An Insurance Group estimates Tianjin exposure at up to $78.2 mln

August 21, 2015 6:58 AM

41 0

HONG KONG Aug 21 China's Ping An Insurance Group's exposure in relation to the explosions at China's Tianjin port could reach up to 500 million yuan ($78.2 million), the company's head of insurance business said on Friday.

Ping An has received around 100 claims from individual customers, mostly for light injuries, as well as from logistics companies, factories and warehouses, Lee Yuan Siong, group chief insurance business officer, told Reuters.

Also read: Outside Money Favors Hillary Clinton at a 2-to-1 Rate Over Donald Trump

Read more

To category page