Kumamoto quake to cost insurers $1.2bn: RMS

Modelling firm RMS has released a narrower industry loss
estimate for the Kumamoto earthquake than its peer AIR Worldwide,
forecasting that claims from the magnitude 7.0 earthquake that
struck Japan on 15 April will be between $800mn and $1.2bn.
RMS said economic damage from the quake and a less strong 6.4
foreshock that occurred on 14 April was likely to be between $5.5bn
and $7.5bn - up significantly from its earlier estimate of $2.5bn
to $3.5bn.
Its insured loss estimate...