Verisk Estimates Insured Losses from Kumamoto Earthquake in Japan Will Range Between JPY 220 Billion (~USD 1.4 Billion) and JPY 340 Billion (~USD 2.1 Billion)

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Postmedia has not reviewed the content. by GlobeNewswire Verisk Estimates Insured Losses from Kumamoto Earthquake in Japan Will Range Between JPY 220 Billion (~USD 1.4 Billion) and JPY 340 Billion (~USD 2.1 Billion)Author of the article: You can save this article by registering for free here. Or sign-in if you have an account.Estimate captures insured property losses from ground shaking and liquefaction and are before any recoveries under Japan’s earthquake insurance programTHIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountBOSTON, Aug. 02, 2026 (GLOBE NEWSWIRE) — The Catastrophe and Risk Solutions group at Verisk (Nasdaq: VRSK), a leading strategic data analytics and technology provider to the global insurance industry, estimates insured losses of between JPY 220 billion (approximately USD 1.4 billion) and JPY 340 billion (approximately USD 2.1 billion) from the magnitude 6.8 earthquake that struck near Kumamoto City on Japan’s Kyushu Island on July 28.According to the U.S. Geological Survey (USGS), the earthquake occurred south of Kumamoto at a shallow depth of approximately 10 kilometers and resulted from shallow strike-slip faulting within the Eurasian Plate. The event struck a region that experienced a devastating earthquake sequence in 2016, including a magnitude 7.0 mainshock that caused widespread property damage and a significant loss of life.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againReported Damage and Economic ImpactsThe July earthquake caused widespread damage across Kumamoto Prefecture, where the strongest shaking was recorded in Uki City and Hikawa Town. Authorities reported hundreds of damaged homes and commercial buildings, damage to cultural landmarks and public infrastructure, and ongoing assessments of structural impacts throughout the affected region. Transportation networks were significantly disrupted, including damage to highways, bridges and rail infrastructure, while approximately 48,000 households experienced power outages in the immediate aftermath of the event.The event also affected one of Japan’s most important manufacturing hubs. Several semiconductor, electronic and automotive facilities temporarily suspended operations while inspections and damage assessments were conducted, raising concerns about supply chain disruptions.Verisk’s insured loss estimates are dominated by damage from ground shaking, with a comparatively small contribution from other modeled earthquake perils. The loss range reflects uncertainty related to fault slip distribution, ground-motion intensity, damage estimation and earthquake insurance take-up rates in Japan.Verisk’s estimates include insured physical damage to residential, commercial, industrial and mutual property risks, including both structures and contents. The estimates exclude losses to uninsured properties, infrastructure, automobiles, business interruption, workers’ compensation, marine and aviation risks, loss adjustment expenses, demand surge and losses arising from certain non-modeled perils such as landslide and fire following.Verisk continues to monitor impacts from this event and may provide additional information.About VeriskVerisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, catastrophic events, sustainability and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities and businesses. With teams across more than 20 countries, Verisk consistently earns certification by Great Place to Work. For more, visit Verisk.com and the Verisk Newsroom.Mary Keller Verisk 339-832-7048 mary.keller@verisk.com This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.