Special News Update - Japan Catastrophe: A tragedy beyond losses
Source: Asia Insurance Review | Apr 2011
The extent of destruction, the number of lives lost, and the economic loss from the massive disasters that struck Japan in March are expected to be mind-boggling. In insurance though, losses are expected to be manageable, and insurers are believed to remain financially sound. But more than just economic and insured losses, the Tohoku catastrophe is a human story: a crisis responded to with so much humanity, fortitude and even sacrifice. As we look at the implications the disasters have on the insurance industry, we express our utmost sympathy to the people of Japan, and convey our admiration for the tenacity of character they have shown in this most difficult and trying time.
Archived articles are available to Magazine subscribers only.
For Full Access to
the magazine
SUBSCRIBE here.