TT Club reduces estimates on Maemi claims
The TT Club has confirmed that its latest assessment of claims resulting from Typhoon Maemi, the devastating storm that hit South Korea in September, is substantially reduced from the initial estimates of $40-50 million with the likely level of claims faced by the mutual not expected to exceed $25 million.
The TT Club has confirmed that its latest assessment of claims resulting from Typhoon Maemi, the devastating storm that hit South Korea in September, is substantially reduced from the initial estimates of $40-50 million with the likely level of claims faced by the mutual not expected to exceed $25 million.
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