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Late Japan reporters head for middle of the pack

21 April 2011

The stragglers for reporting losses from the Japanese earthquake brought no surprises over the past week, taking total losses from the 11 March disaster to $9.7bn, according to The Insurance Insider's loss tally.

Bermudian RenaissanceRe predicted it would take $220mn losses from the catastrophe, equalling its previously reported cat losses from Australia and New Zealand events in the quarter.

The Japanese figure equated to 5.6 percent of its year-end shareholder equity, putting it in the mid-range of international reinsurer losses...


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This article was published as part of issue April 2011/4

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