Claims from Fukushima quake could exceed $1 billion
Posted On: Apr. 7, 2021 9:43 AM CSTInsurance industry organization Cresta said that the 7-magnitude earthquake that struck the Fukushima region of Japan on Feb. 13 could cause over $1 billion in insured and reinsured losses, Artemis reported. A total of 141,166 claims were counted from this quake, with around 6,583 paid out as of the middle of March amounting to roughly $36 million so far.