Chaucer estimates Japan losses at between £27m and £35m
Chaucer Holdings has revealed an exposure to the Japanese tsunami-earthquake on 11 March 2011 of between £27.5 - £35m. As a result of this and other recent natural catastrophe events, Chaucer said it is to seek a “marked rise” for its catastrophe cover.
The insurer said in a statement: “While the ultimate cost is uncertain given the complexities of this event, based on a review of exposures in the affected areas, Chaucer expects total claims arising
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