Over $1.2 billion paid in insured claims for Fukushima quake
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Data from the General Insurance Association of Japan showed that more than 138.28 billion Japanese yen ($1.26 billion) had been paid in insured and reinsured losses as of April 16 for claims arising from the 7.0-magnitude earthquake that struck the Fukushima region on Feb. 13, Artemis reported. Initially the losses were estimated to be in hundreds of millions and sit with insurers but the losses have ballooned and have called for reinsurance support.
