Japan Earthquake March 2011

Wednesday, March 16, 2011

Guy Carpenter has produced an updated CAT-i report on the powerful earthquake that struck off the coast of northeastern Japan on 11 March. Both the U.S. Geological Survey (USGS) and the Japanese Meteorological Agency (JMA) have recently upwardly revised their measurements of the earthquake’s magnitude to 9.0, making it the fourth most powerful earthquake in the world since 1900 and the largest in Japan’s history. Emerging reports indicate widespread property damage across northern Japan. Fears over the fate of the Fukushima Daiichi nuclear plant have increased. Three explosions and a fire have hit the facility over the last few days, seemingly causing radioactive leaks. Indeed, Japan’s government has announced this morning that radiation from the plant has now reached harmful levels. Guy Carpenter has posted a CAT-i report on the event to the Cat Central site.  To access the Guy Carpenter CAT-i report;

http://www.guycarp.com/portal/extranet/insights/catcentral.html