What was the true cost of Tianjin explosions?
The explosions at the busy Chinese port of Tianjin left many dead, destroyed property and have far-reaching conclusions.
Only now is the true cost being counted. Most analysts estimate a loss of around $1.5 billion. But the consequences of such a complex loss are profound - for Chinese insurers and international insurers of multinational companies.
CIR magazine surveys the damage and assesses the consequences.