Insurance Post

Japan earthquake - largest insurance loss in more than five years

earthquake-japan

Based on a combination of detailed modeling and analysis of preliminary damage information, Risk Management Solutions estimates the total insured property loss from the powerful M9.0 Tohoku Earthquake and Tsunami will be between ¥1500 and ¥2170bn (US$18 and $26bn).

After combining expected payouts by the life and health insurance sector for deaths and injury, the total insurance loss from this event is likely to be between ¥1,750 and 2,840 billion (US$21 and $34

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