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FinanceJapan Kumamoto earthquake insurance claims may exceed US$1.1 billion
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Insurance claims from the July 28 earthquake in Kumamoto, Japan, are expected to surpass the 175 billion yen (US$1.1 billion) average for the country's six previous major tremors, according to a Bloomberg report cited by The Business Times. Most of the exposure is tied to commercial properties. The earthquake, which struck this week, has prompted significant insurance loss estimates, highlighting the financial impact on the region. The article, published on July 30, 2026, by The Business Times Singapore, provides an early assessment of the potential economic fallout from the disaster.
Source report
TOKYO — Insurance claims from this week's earthquake in Japan may surpass the 175 billion yen (US$1.1 billion) average recorded for the country's six previous major tremors, according to Bloomberg.
Key Details
- The earthquake struck Kumamoto on July 28.
- Most of the exposure is tied to commercial properties.
- The estimated claims figure is based on the average of Japan's six prior major earthquakes.
Photo credit: REUTERS
Source
The Business TimesRegional
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Japan earthquake insurance claims may exceed US$1.1 billion