After yesterday’s magnitude 6.8 earthquake in the Kumamoto prefecture of Japan a number of specialist insurance-linked securities investment managers have commented
Japan quake: ILS managers see minimal loss potential
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Japan quake: ILS managers see minimal loss potential. Euler estimates $3bn-4.5bn insured
After yesterday’s magnitude 6.8 earthquake in the Kumamoto prefecture of Japan a number of specialist insurance-linked securities investment managers have commented, with all analysis seen so far indicating this is currently viewed as unlikely to be a loss event of particular note for the catastrophe bond and ILS market.
One of these specialist managers, Euler ILS Partners, provisionally estimated the quake event could cause a US $3 billion to $4.5 billion insured loss, but noted it does not foresee any impacts to its fund positions at this time.
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