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GLRE - Claims Paid On Feb M7 Fukushima Japan Earthquake Pass $1.62bn
Greenlight Reinsurance Ltd.
The $1.62 billion of insurance and reinsurance market losses from this earthquake is now far above where estimates had sat after the event.
The latest data shows that as of May 14th 2021, 259,525 claims had been filed from this earthquake event, with 216,638 settled and 176,402 payments made.
Miyagi prefecture now accounts for almost US $780 million of the claims from the earthquake, while Fukushima prefecture accounts for almost US $742 million.