Total damages have not been fully assessed
Roxanne Libatique Apr 20, 2024
Credit rating company analysed events' impacts on various insurance sectors
Effects of inflationary environment remains "very evident"
Move seen as a "monumental leap" forward
Quake resulted in collapsed buildings and infrastructure disruptions
Country's ageing residential buildings emphasised
Concerns raised over the tech supply chain impact
Economic losses and insurance gaps highlight resilience needs
Goal is to quantify the rare but catastrophic effects of eruptions
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