Typhoon Sarika makes landfall as Category 3 storm

Typhoon Sarika struck the Philippines on 16 October as a
Category 3 storm, according to catastrophe modelling firm AIR
Worldwide.
Winds of up to 209km/h were recorded in the town of Baler in
eastern Manila, where the storm made landfall.
Typhoon and flood damage are usually covered together in the
Philippines and are offered under separate fire policies with named
perils extensions.
However, given that insurance penetration is typically no more
than 10-20 percent, insured losses from the storm a