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On March 11 last year, a 9.0 magnitude earthquake struck Japan. The quake, claimed to be the most powerful in modern times, was catastrophic for the country as a whole but also for (re)insurers throughout the world. The economic losses from the earthquake were estimated at between $210 billion (£130 billion) and $300 billion, making it the most costly natural catastrophe of all time, according to Swiss Re, while preliminary estimates put insured los
The week on Risk.net, July 14–20, 2017Receive this by email