24-05-2016 14:35 via insuranceinsider.com

Insurers pay $1.1bn Kumamoto quake bill

Foreign and Japanese domestic insurance companies have paid out
123bn yen ($1.1bn) in claims related to the Kumamoto earthquake
that struck the country in April.
Figures from the General Insurance Association of Japan (GIAJ)
showed that insurers had paid 76,580 claims as of 16 May.
The Kumamoto earthquake, which struck the country on 15 April,
has surpassed the 1995 Hyogoken-Nanbu earthquake to become the
second largest cause of claim payments for "earthquake
insurance on dwelling risks", the GI
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