, Japan
/Andre Benz from Unsplash

GIAJ completes $540m claim payments for Noto quake

More than half of this was under the Ishikawa Prefecture.

The value of claims paid for the 2024 Noto Peninsula Earthquake stood at $540m (Y84.89b), as of 26 April, data from the General Insurance Association of Japan (GIAJ).

Previously, claims paid stood at $480m in 31 March.

About 56.5% of the total claim payments amount were under the Ishikawa Prefecture.

ALSO READ: Noto earthquake saw $480m claims paid – GIAJ

To tally, there were 140,539 claims collected, whilst 133,332 investigations were completed since 1 January to the April date.

Of the total claims collected, 94,728 were paid. 

Follow the link for more news on

Join Insurance Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Reinsurers reprice risk as Hormuz disruption hits oil flows
The waterway carries about 20% of global crude supply and a large share of LNG shipments.
Insurance
Ping An's new business value jumps 7.5% to $15b
Its life and health arm posted RMB103.27b in value from newly written business.
Insurance
FWD Singapore sets out three priority growth areas for 10th year
Growth reflects a stronger contribution from advisers in weighted new business premiums.
Insurance
SEADRIF, AHA Centre partner on ASEAN disaster financing
The pact links emergency response systems with financial protection mechanisms.
Insurance