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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