Earthquake strikes Japan, triggers tsunami

The tragic earthquake and tsunami that hit Japan earlier today have unleashed a rapidly unfolding catastrophe, as the tsunami crosses the Pacific and as casualty and damage reports mount. The basics, via the U.S. Geological Survey, which monitors earthquake activity worldwide:

  • Magnitude: 8.9 – the largest earthquake since the Chilean earthquake last year, which registered 8.8. Last month’s quake in New Zealand registered 6.3.
  • Date/time: Friday, March 11 at 2:46 p.m. local time. (12:46 a.m. Eastern Standard Time)
  • Depth: 15.2 miles. Shallower earthquakes cause more damage. Last year’s Chilean quake was 22 miles down. The New Zealand quake was   shallow, just 3 miles underground.
  • Location: 38.322Â °N 142.369Â °E – 80 miles east of Sendai, Japan and 231 miles northeast of Tokyo.

I.I.I. has assembled a presentation and a web page on the earthquake and its potential impact on the insurance market. I.I.I. has more information on earthquakes and tsunamis here.

Leave a Reply

Your email address will not be published. Required fields are marked *