Aftershock: Japan's Impact On Insurers

Law360, New York (May 2, 2011, 11:35 AM EDT) -- Losses of between $21 billion to $34 billion arising from the Japan earthquake and tsunami have been predicted to hit the insurance industry according to a recent article in the Wall Street Journal. With Japan accounting for almost 9 percent of the world’s economic output and being home to many industrial and commercial manufacturers, it is likely that insurers of U.S. domestic and multinational corporations have not yet felt the full impact of the disaster.

On its surface, the financial impact appears to present a scenario...
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