17 Mar '11, 12am

Japan's devastating earthquake and tsunami have resulted in insured losses of between $15-$32 billion

Japan's devastating earthquake and tsunami have resulted in insured losses of between $15-$32 billion

'EQECAT estimates total insured losses at US$12-US$25 billion,' the company said. 'This loss estimate encompasses the effects of earthquake shaking, ensuing tsunami and fires, and losses to automobiles, marine, life, and personal accident insurance lines,' it said.

Full article: http://www.straitstimes.com/BreakingNews/Asia/Story/STISt...

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