As someone who lived in Japan for two years—and who experienced the Kobe earthquake firsthand—the devastating disaster that struck the country hit me hard from a personal standpoint.
More information about Friday's earthquake and tsunami in Japan are coming out, with many estimates of total and insured losses being made by modelers. But that's not all that's making news.
Aftermath images of the Japan earthquake and tsunami demonstrate why insurance companies are looking at billions in losses, with one early estimate placing the figure as high as $35 billion.