Japan earthquake News

Strong Earthquake Shakes Japan’s Ruined Northeast Coast

Another Strong Earthquake Shakes Japan’s Ruined Northeast Coast A strong earthquake of magnitude 7.4 shook the northeast of Japan late on Thursday, and a tsunami warning was issued for the coast already devastated by last month’s massive quake and the …

AIG Expects ‘Minimal’ Effects from Japan Claims

American International Group Inc. said Wednesday it expects “minimal net effects” from the recent earthquake and tsunami on the financial condition of its local Japanese operations, including those of Fuji Fire and Marine Insurance Co., in which AIG holds a …

AIR’s Japan Quake/Tsunami Insured Loss Estimates: $15 Billion to $35 Billion

Boston-based catastrophe modeling firm AIR Worldwide’s most recent statement, based on “currently available information, estimates that insured property losses from the Mw9.1 earthquake that struck Japan on Friday will range between 1.2 trillion JPY to 2.8 trillion JPY. Using today’s …