Thursday, May 15, 2008

Only 5% of Chinese earthquake damage is insured - firm - May. 14, 2008

Only 5% of Chinese earthquake damage is insured - firm - May. 14, 2008: "-- The earthquake that struck China's Sichuan Province this week, killing thousands of people, caused an estimated $20 billion in damage - most of it uncovered by insurance, a catastrophic risk modeling firm said Wednesday.

And given the precarious state of the U.S. economy, aid agencies say the ability of Americans to help the Chinese people recover and rebuild may be limited."

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