This month’s Super Typhoon Melor will cost Japan between ¥75 billion and ¥130 billion (($893 million-$1.5 billion) in insured losses, according to risk modelling firm AIR Worldwide.

The estimate includes damage to residential, commercial and industrial property, plus contents.

Melor was hardly in the “super” category when it reached Japan’s Aichi prefecture on October 8, but nevertheless caused significant damage. By the time it reached Japan it was a weak category 1 storm with sustained winds of about 119kmh and rain of up to 30cm in some regions.