News - Japan: 11 March CAT loss estimates

May 2011
Asia Insurance Review;May2011, p46
Trade Publication
The article reports that the March 11, 2011 earthquake and tsunami in Japan has resulted in widespread extensive damage, with the death toll at 12,300 and counting. Japanese government has estimated total economic losses ranging between 16.2 trillion yens and 25.3 trillion yens. The World Bank has estimated insured losses to be between 1.1 and 2.7 trillion yens.


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