Earthquake in Myanmar kills 60, downs 240 buildings

Share

A magnitude 6.8 earthquake which occurred yesterday in Myanmar, not far from the borders with Thailand and Laos, was felt as far as 800km away in Bangkok. Some affected areas remain cut off so the extent of the damage is hard to tell.

Over 60 people are reported to have died in Myanmar and 1 in Thailand due to the quake and sources in Myanmar say more than 240 buildings have collapsed.

Six large aftershocks were experienced shortly after the earthquake but no tsunami warning was issued as it occurred deep under land.

Insured losses from this earthquake are expected to be low despite the level of damage suffered. Buildings damaged will often be rudimentary and not covered by insurance at all and the area it struck is not industrial or commercial in nature.

Read more on Channel News Asia.

Print Friendly, PDF & Email

Artemis Newsletters and Email Alerts

Receive a regular weekly email newsletter update containing all the top news stories, deals and event information

  • This field is for validation purposes and should be left unchanged.

Receive alert notifications by email for every article from Artemis as it gets published.

Read previous post:
S&P still unsure on outcome for Topiary Capital

Standard & Poor's is still unsure on the final outcome for the Japanese earthquake threatened catastrophe bond, Topiary Capital Ltd....

Close