The reporter learned from the State Financial Supervision and Administration on September 2 that in response to the landslide disaster in Geelong, Tibet, the insurance industry currently has an initial estimated loss amount of 450 million yuan and is pressing ahead with claims and other services; banking institutions have stepped up their efforts to allocate and invest in cash to provide emergency protection of more than 200 million yuan in cash to protect financial needs such as cash withdrawals and foreign currency exchange in the disaster area.

The reporter learned from the State Financial Supervision and Administration on September 2 that in response to the landslide disaster in Geelong, Tibet, the insurance industry currently has an initial estimated loss amount of 450 million yuan and is pressing ahead with claims and other services; banking institutions have stepped up their efforts to allocate and invest in cash to provide emergency protection of more than 200 million yuan in cash to protect financial needs such as cash withdrawals and foreign currency exchange in the disaster area.