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: Japan earthquake
Japan Earthquake Estimated to Cost Insurers $6.4B
Insured losses from the devastating earthquake in Japan could reach $6.4 billion, according to an estimate from U.S.-based catastrophe modeling firm Karen Clark & Co (KCC).
Tsunami Warning Issued After Strong Quake Hits Northeastern Japan
A strong earthquake of estimated magnitude 7.3 hit northeastern Japan late Wednesday, and a tsunami warning was issued for the region’s Pacific coast. The Japan Meteorological Agency said the height of the forecast tsunami was estimated at one meter. The quake struck at around 11:36 p.m. and was centered off the coast of Fukushima prefecture,… Continue reading Tsunami Warning Issued After Strong Quake Hits Northeastern Japan