Verisk Says Insured Losses From Kumamoto Earthquake in Japan Could Hit $2.1bn
11 Articles
11 Articles
Verisk says insured losses from Kumamoto Earthquake in Japan could hit $2.1bn
According to initial estimates by the Catastrophe and Risk Solutions group at Verisk, a data analytics and technology provider to the global re/insurance industry, the 6.8 magnitude earthquake that struck near Kumamoto City on Japan’s Kyushu Island on 28 July will result in insured losses of between JPY 220-340 billion, approximately USD 1.4-2.1 billion. This estimate accounts predominantly for insured property losses from ground shaking and liq…
The Toronto Star
Verisk Estimates Insured Losses from Kumamoto Earthquake in Japan Will Range Between JPY 220 Billion (~USD 1.4 Billion) and JPY 340 Billion (~USD 2.1 Billion)
BOSTON, Aug. 02, 2026 (GLOBE NEWSWIRE) -- The Catastrophe and Risk Solutions group at Verisk (Nasdaq: VRSK), a leading strategic data analytics and technology provider to the global insurance industry, estimates insured losses of between JPY 220 billion (approximately USD…
On July 28, an earthquake of 6,8 rocked the Japanese Kumamoto region on the island of Kyushu and left behind serious damage. According to a first substantiated damage estimate by the US risk modeler Verisk, the insured property damage amounts to $1.4 to $2.1 billion. The forecast includes direct damage to residential and commercial buildings, industrial facilities and cooperatively insured real estate due to soil shocks and soil liquefaction. Th…
Coverage Details
Bias Distribution
- 56% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
