AIR Worldwide, a prestigious catastrophe modeling firm serving the global insurance industry, has released a new report titled “Understanding Earthquake Risk in Japan Following the Tohoku-Oki Earthquake of March 11, 2011.” The quake that struck Japan last year was a magnitude -9.0 and caused a fair amount of damage in Northern provinces. The quake itself did not cause a severe level of damage but it did trigger a massive tsunami that cut a swath of destruction in the country and spurred a nuclear crisis. AIR’s scientists have been conducting detailed…
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Japan at risk of more strong quakes in the next four years, say seismologists
Japan is still working to recover from a massive magnitude-9.0 earthquake that rocked the nation last year. The quake generated a tsunami that claimed 20,000 lives and spurred a nuclear crisis that continues to this day. While it will certainly not be the last quake Japan experiences in its lifetime, seismologists from the University of Tokyo say that the next quake will come sooner than expected. According to researchers, there is a 70% chance that the nation will be hit by a powerful quake of magnitude-7.0 or higher within four…
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