Japan earthquake and tsunami

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  EQECAT Increases Japan Insured Loss Estimate; Now Up To $39B

  By Chad Hemenway, PropertyCasualty360.com  |  May 10, 2011

  Catastrophe risk modeler EQECAT has dramatically changed its estimate of insured losses from the Tohoku, Japan earthquake to between $22 billion and $39 billion.

• Holborn: Modelers Off On Japan Quake Estimates; Range Is $35B-$55B

  By Chad Hemenway, PropertyCasualty360.com  |  May 4, 2011

  Reinsurance brokerage firm Holborn says estimates of insured losses from the Tohoku, Japan earthquake and tsunami in March are off by as much as $23 billion.

• PartnerRe Raises Japan-Quake Loss Estimate By $230 Million

  By Staff Writer  |  May 2, 2011

  Pembroke, Bermuda-based ParnerRe Ltd. has raised its expected losses from the March 11 Japan earthquake and tsunami to $730 million.

• Japan-Quake Impact On Auto Industry Spills Over To Collision Repair

  By Phil Gusman, PropertyCasualty360.com  |  April 19, 2011

  The March 11 Japan earthquake and tsunami has significantly impacted the country’s automotive industry, and the ripple effects are being felt in the automotive-insurance and collision-repair industries as replacement parts become scarce, a new report says.

• AXIS Projects $285M In Japan-Quake Losses

  By Phil Gusman, PropertyCasualty360.com  |  April 19, 2011

  AXIS Capital Holdings’ expected financial impact of $285 million from the March 11 Japan earthquake and tsunami headlines the latest round of loss estimates from Bermuda companies.

• Japan Earthquake Halts Softening In Energy Market

  By Mark E. Ruquet, PropertyCasualty360.com  |  April 18, 2011

  The earthquake in Japan and two other major losses for insurers have put the brakes at least for now on the soft-market pricing trend in the energy-insurance market, says a report from Willis Group.

• PartnerRe Says $500M In Losses From Japan Quake

  By Staff Writer  |  April 14, 2011

  PartnerRe says it expects approximately $500 million in losses, pre-tax and net of retrocession and reinstatement premiums, from the March 11 Japan earthquake and tsunami.

• Bermuda Cos. Give Japan-Quake Estimates, Speak Of Market Change

  By Phil Gusman, PropertyCasualty360.com  |  April 13, 2011

  As three more Bermuda companies report estimated losses for the March 11 Japan earthquake and tsunami, a couple of the company executives commented that a market turn is beginning to occur.

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  Clark Urges ‘Call To Action’ By RIMS Members On Japan

  By Caroline McDonald, PropertyCasualty360.com  |  April 13, 2011

  RIMS President Scott B. Clark has personal reasons for calling to action members of the Risk and Insurance Management Society, asking them to reach deep into their pockets to help survivors of Japan’s earthquake and deadly tsunami.

• RMS Expects Japan-Quake Losses Of $21-$34 Billion

  By Staff Writer  |  April 12, 2011

  Risk Management Solutions says insured losses from the March 11 Japan earthquake and tsunami will likely be between $21 billion and $34 billion, including both property and casualty and life and health claims.

• Allied Estimates $75M Loss from Japan Disaster

  By Associated Press  |  April 12, 2011

  Allied World Assurance Co. said on Monday that it expects about $75 million in losses and loss expenses from last month's earthquake and tsunami in Japan.

• Japan-Quake Impact: Reinsurance Rates To Firm On Regional Basis

  By Mark E. Ruquet, PropertyCasualty360.com  |  April 11, 2011

  New reports are supporting the notion that while the Japan earthquake and tsunami may not be enough to reverse the soft market, the impact of combined first-quarter catastrophes should improve pricing in some areas.

• Cat Modelers Reassess Quake, Tsunami Risks After Japan Event

  By Chad Hemenway, PropertyCasualty360.com  |  April 11, 2011

  The Tohoku earthquake in Japan was a seismological “black swan”—an event beyond the realm of regular expectations, according to catastrophe-risk modelers.

• Municipality's Mega-Disaster Recovery Happens On Multiple Levels

  By Caroline McDonald, PropertyCasualty360.com  |  April 8, 2011

  The primary recovery after a major disaster occurs within a municipality as well as the individuals who live there—both of which will take time for Japan after its mega-disaster, according to an author and researcher.

• Insurers, Reinsurers Wobble on Latest Japan Quake

  By Associated Press  |  April 8, 2011

  Another earthquake that shook the northern section of Japan rattled the stocks of insurance and reinsurance companies on Thursday.

• Montpelier Re Estimates Japan Losses Of $126M

  By Associated Press  |  April 7, 2011

  Montpelier Re Holdings Ltd. said Wednesday it expects to lose roughly $126 million for claims related to last month's earthquake and tsunami in Japan.