Verisk estimates that insured losses to properties from the January 1 earthquake in Japan will be between $1.8 billion and $3.3 billion.
Tag: insured losses earthquake
Verisk Estimates Insured Industry Losses at $4B for Japan Earthquake
Analysts at Verisk Extreme Event Solutions estimate insured losses to properties from the March 16 M7.3 earthquake that struck offshore the island of Honshu, Japan, to be between JPY 240 billion (~USD 2 billion) and JPY 490 billion (~USD 4 billion). Of that, between JPY 50 billion (~USD 400 million) and JPY 100 billion (~USD… Continue reading Verisk Estimates Insured Industry Losses at $4B for Japan Earthquake