tsunami

The insurance and reinsurance industry may shoulder as much as $1.1 billion of claims for damage following the tsunami that struck Indonesia after the eruption of the Anak Krakatau volcano.

Commercial risk transfer and insurance solutions provider Swiss Re Corporate Solutions, a division of the global reinsurance firm, has launched a novel parametric tsunami derivative product, designed to protect Japanese businesses against the financial impacts of tsunamis.

Catastrophe risk modelling and analytics specialist RMS has announced the launch of a new and updated high-definition risk model for Japanese earthquake and tsunami risks, which incorporates the latest seismic map data as well as learnings from the Tohoku and Kumamoto quakes.

Almost the entire western coastline of the United States has been placed under a tsunami alert following a major magnitude 7.9 earthquake that struck off the coast of Alaska at around 09:30 GMT this morning.

Four years after the huge earthquake and tsunami devastated Tohoku, Japan, a new study has identified over 20 global subduction zones with the potential to produce an event of similar scale.

A pioneering tool that offers a detailed view of global potential tsunami events was recently announced by leading catastrophe risk modelling firm, Risk Management Solutions (RMS).

Willis Re, the reinsurance broking arm of global broker Willis Group, has announced the launch of a new Japan tsunami risk model with both probabilistic and deterministic functions, as it seeks to advance the industry’s understanding of catastrophic tsunami losses.

Japan has suffered another major earthquake off the coast of Honshu island and a tsunami warning has been issued for the coast of Tohoku region. The same region that saw such immense damage from the March 2011 quake and tsunami is now under a tsunami warning. The first tsunami waves of 20cm struck minutes ago […]

Ever since the devastating earthquake and tsunami struck Japan in March 2011 the country has received a lot of attention regarding the high level of exposure to a variety of natural disasters and catastrophes. Chinese solar panel and module manufacturer Phono Solar is addressing the broad catastrophe risks in Japan by introducing a natural disaster […]

The Tohoku, Japan earthquake and tsunami event in March 2011 was so impactful that it has changed scientists views of earthquake risk across Japan. Nobody expected such a huge tsunami to occur and even though Japan is one of the most earthquake exposed countries in the world, the magnitude and location of the quake were […]