Insured losses from Fukushima quake to surpass $2.6 billion
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Insurance industry organization Cresta said that the insured losses from the 7-magnitude earthquake that struck the Fukushima region of Japan on Feb. 13 are expected to reach $2.63 billion, Artemis reported. The loss estimates make the Fukushima earthquake the only non-U.S. catastrophe event causing more than $1 billion worth of losses in the year to date.
