Japan
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.
Japan earthquake - largest insurance loss in more than five years
Based on a combination of detailed modeling and analysis of preliminary damage information, Risk Management Solutions estimates the total insured property loss from the powerful M9.0 Tohoku Earthquake and Tsunami will be between ¥1500 and ¥2170bn (US$18…
Energy insurance prices stagnate as capacity reaches all-time high
Energy insurance prices have stagnated following the massive Tohoku earthquake in March, according to a new report by Willis Group.
Japan tsunami warning lifted
A tsunami warning issues in Japan yesterday after a 7.4 magnitude earthquake struck off the coast of the country was lifted after 90 minutes.
Tsunami fears after latest Japan quake
A tsunami warning has been issued for north-eastern Japan after an earthquake with a magnitude of 7.4 struck off the east coast of Honshu, according to reports.
Novae releases initial Q1 major loss estimate
Novae estimates that the cost of the Japanese earthquake and tsunami to be between US$25 million and US$40 million, based on an insured market loss of US$20 and US$30 billion.
Hardy outlines £12m Japan tsunami exposure
In a statement to the London Stock Exchange, Hardy Underwriting Bermuda Limited has issued its guidance on the Japan earthquake-tsunami in March.
Transatlantic Holdings cat costs reach $355m
Transatlantic Holdings has updated its preliminary estimate of first quarter catastrophe costs to include the Tohoku earthquake in Japan.
Aon Benfield reviews costly March catastrophes
Aon has issued its monthly cat recap report, reviewing the natural disaster perils in March.
Fears mount over Japan BI claims
Insurers are bracing themselves for substantial business interruption claims following the earthquake in Japan, loss adjusters have warned.
Hiscox Japan losses could reach $150m
Hiscox has estimated exposure of up to $150m (£93.4m) for the earthquake and tsunami which struck Japan last month.
S&P confirms Allianz' Japan rating
Standard & Poor's has confirmed its AA- (stable) rating of Allianz Fire and Marine Insurance Japan.
Insurers landed with $43bn cat bill
The insurance industry was hit with a $43bn (£26.8bn) exposure for natural catastrophes and man made disasters during 2010, research from Swiss Re has revealed.
AIR revises Japan estimate to $30bn
Catastrophe modelling firm AIR Worldwide has lowered its insured loss estimate for the Japanese earthquake from up to $35m (£21.7bn) to $30m.
Quake certain to impact vehicle replacement parts in UK
WNS Assistance has warned clients of the potential impact of the recent devastating earthquake and tsunami in Japan, on the availability of parts for the repair of Japanese manufactured vehicles.
Event insurance - market update: the show must go on
With the shift to music downloads, artists are looking to tour more to make money, generating demand but also new risks for contingency underwriters. Sam Barrett looks at the buoyant events insurance arena and finds a growth market, despite softened…
Aviva boss: earthquake will not impact GI rates
Global general insurance rates will not be dramatically affected by Japan's earthquake and tsunami, according to Aviva's chief underwriting officer.
Swiss Re exceeds claims budget following Japan quake
Reinsurer Swiss Re has revealed that it has already gone beyond its claims estimates for 2011 following the Japanese earthquake.
Hannover Re anticipates €250m loss from Japan
Based on its analysis of individual treaties, Hannover Re currently anticipates a burden of losses in the order of €250m after retrocessions and before taxes.
Munich Re Japan quake exposure to reach €1.5bn
Munich Re has estimated losses of €1.5bn (£1.3bn) from the Japanese earthquake.
Nuclear leak insurance impact “too early to be known”
It is still too early to assess the full impact of the Fukushima Dai-ichi incident on nuclear insurance rates, Jardine Lloyd Thompson has claimed.
Japan quake losses could reach $300bn
Economic losses from the Japan earthquake could top $300bn (£184.2bn), catastrophe modelling firm RMS has predicted.
Chartis quake losses to reach $700m
Insurer Chartis has predicted losses of at least $700m (£431m) from the recent earthquake in Japan.
Swiss Re estimates $1.2bn Japan quake loss
Swiss Re has estimated $1.2bn (£738bn) in claims costs from the Japanese earthquake.