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25 June 2024Insurance

Insurers paid ¥91bn through end-May on Japan’s Noto earthquake

Insurers paid ¥91.0 billion ($570.3 million) across some 103,439 claims by end-May following the January 1 earthquake on the Noto peninsula of Japan, according to the latest released industry data.

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CEA earthquake program names reinsurance cost ca. 6.9% rate-on-line

20 June 2024 The board will be asked to preserve a member assessment layer via pending bond issuance.

Insurers paid $541m through late April on Noto earthquake

28 May 2024 The Noto shaker is now sixth on the all-time Japanese earthquake ranking.

Insurers have paid ¥74.4bn to end-March on Noto earthquake

22 April 2024 To-date payments puts the New Year’s event in 7th place on the Japanese earthquake ranking.

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