Cresta pegs Fukushima quake industry loss at $2.63bn
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Cresta pegs Fukushima quake industry loss at $2.63bn

Rachel Dalton
01 July 2021
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The Mw7.0 earthquake that struck Fukushima, Japan in mid-February resulted in an insured loss of $2.63bn, according to loss data compiler Cresta.

The offshore earthquake’s epicentre was close to that of the catastrophic Tohoku earthquake of March 2011.

Although the event did not result in a tsunami, the earthquake affected the prefectures of Myagi, Iwate and Fukushima, forcing several industrial plants to...

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