Economic losses from Japanese earthquake may surpass $1bn: Aon

18 March 2022

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The Japanese earthquake was this week’s most costly cat event and estimates show the economic cost could top $1bn, Aon’s weekly cat report has said.

A magnitude 7.3 earthquake struck off the coast of northeastern Japan on Wednesday night. The epicentre was 57km east of the Fukushima administrative region.

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Economic losses from Japanese earthquake may surpass $1bn: Aon

The Japanese earthquake was this week’s most costly cat event and estimates show the economic cost could top $1bn, Aon’s weekly cat report has said.

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Economic losses from Japanese earthquake may surpass $1bn: Aon

The Japanese earthquake was this week’s most costly cat event and estimates show the economic cost could top $1bn, Aon’s weekly cat report has said.

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Fuel a smarter strategy with our actionable market intelligence

Topics

Bermuda reinsurer Mereo poised for launch after ~$650mn raise

Study shows ILW trades using hurricane forecasts outperform 20%-170%

Mapfre Re seeks $100mn protection with debut cat bond

Progressive seeking $225mn of multi-peril Bonanza Re coverage

PCS puts second Hurricane Milton insured loss at $15bn