Economic losses from Japanese earthquake may surpass $1bn: Aon
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Economic losses from Japanese earthquake may surpass $1bn: Aon

Martha Muir
18 March 2022
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The Japanese earthquake was this week’s most costly cat event and estimates show the economic cost could top $1bn, Aon’s weekly cat report has said.

A magnitude 7.3 earthquake struck off the coast of northeastern Japan on Wednesday night. The epicentre was 57km east of the Fukushima administrative region.

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