Tianjin loss expected to rise as Guy Carp estimates $3.3bn toll

Tianjin loss expected to rise as Guy Carp estimates $3.3bn toll

Tianjin loss expected to rise as Guy Carp estimates $3.3bn toll

Three weeks on from the series of explosions that ripped through the Chinese port of Tianjin the extent of damage and disruption remains unclear, however Guy Carpenter has placed insured losses up to $3.3bn and ratings agencies suggest that the eventual toll will likely top the initial $1bn to $1.5bn figures released immediately after the blasts.