, Japan
/Freepik

Noto Earthquake claims reach $578.2m in May

Of the total claims collected, 68.7% were paid.

The value of claims paid for the 2024 Noto Peninsula Earthquake stood at $578.2m (Y90.97b), as of 31 May, data from the General Insurance Association of Japan (GIAJ).

Previously, claims paid stood at $540m in 26 April data.

About 56.3% of the total claim payments amount were under the Ishikawa Prefecture.

To tally, there were 150,567 claims collected, whilst 145,899  investigations were completed since 1 January to the May date.

Of the total claims collected, 103,439  were paid. 

($1.00 = Y157.4)

 

Follow the link s 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 dight 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!