Taiwan earthquake claims unlikely to exceed 2016 Meinong event’s US$500m: AM Best
April 11 2024 by Kristina Shperlik
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Noto earthquake insurance payout approaches US$500m: GIAJ
- April 22
The claims have increased 3.5 times since January 31 and rose by 22% since the last tally on March 8.
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TSMC’s earthquake losses estimated at US$92m
- April 22
The Taiwanese chipamaker said the loss is net of insurance claims and that damage was mostly to inventories and equipment, according to a stock exchange filing.
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Taiwan earthquake preliminary non-residential losses exceed US$263m: Guy Carpenter
- April 16
While not all of these losses are insured, the residential earthquake insurance fund has reported claims of about US$23m from 472 claims, data from the broker showed.
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Taiwan rocked by strongest earthquake in 25 years
- April 3
The 7.4 magnitude earthquake has caused at least nine fatalities, more than 100 building collapses, landslides, suspension of air and rail services, while AM Best has flagged that losses could come from business interruption coverage.
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