{"id":326488,"date":"2011-03-21T09:44:33","date_gmt":"2011-03-21T09:44:33","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/21\/swiss-re-japan-bill-put-at-1-2bn\/"},"modified":"2011-03-21T09:44:33","modified_gmt":"2011-03-21T09:44:33","slug":"swiss-re-japan-bill-put-at-1-2bn","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/21\/swiss-re-japan-bill-put-at-1-2bn\/","title":{"rendered":"Swiss Re Japan bill put at $1.2bn"},"content":{"rendered":"<p><div readability=\"50.92\">\n        \t\t  <span><br \/>\n    <span>21 March 2011<\/span><br \/>\n<span>Last updated at <\/span><span>05:44 ET<\/span><br \/>\n<\/span><\/p>\n<p>Insurer Swiss Re has estimated that it faces claims from the Japan earthquake and tsunami of about $1.2bn (\u00a3738m).<\/p>\n<p>But the world&#8217;s second largest re-insurance firm said the actual figure may not be known for several months.<\/p>\n<p>Last week, US insurance giant AIG said its claims from the disaster would be at least $700m.<\/p>\n<p>Analysts have estimated that the insurance industry&#8217;s final bill could reach $35bn, excluding any impact from problems at the nuclear power plants. <\/p>\n<p>Insurance company shares have been under pressure since the disaster, but Swiss Re shares rose 1% on Monday on relief that the final bill may not be as high as feared.<\/p>\n<p>The company faces about $800m in claims from the earthquake that struck New Zealand&#8217;s South Island in February.<\/p>\n<p>&#8220;We will be able to absorb current estimates for claims and still maintain significant excess capital,&#8221; Swiss Re said in a statement.<\/p>\n<p>The company added that the problems at the Fukushima nuclear power plant were unlikely to result in a significant direct loss for property and casualty insurers.<\/p>\n<\/p><\/div>\n<\/p>\n<p>Follow this link:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.bbc.co.uk\/go\/rss\/int\/news\/-\/news\/business-12802919\" title=\"Swiss Re Japan bill put at $1.2bn\" rel=\"noopener noreferrer\">Swiss Re Japan bill put at $1.2bn<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> 21 March 2011 Last updated at 05:44 ET Insurer Swiss Re has estimated that it faces claims from the Japan earthquake and tsunami of about $1.2bn (\u00a3738m). But the world&#8217;s second largest re-insurance firm said the actual figure may not be known for several months. Last week, US insurance giant AIG said its claims from the disaster would be at least $700m<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-326488","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Swiss Re Japan bill put at $1.2bn - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/03\/21\/swiss-re-japan-bill-put-at-1-2bn\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Swiss Re Japan bill put at $1.2bn - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"21 March 2011 Last updated at 05:44 ET Insurer Swiss Re has estimated that it faces claims from the Japan earthquake and tsunami of about $1.2bn (\u00a3738m). But the world&#039;s second largest re-insurance firm said the actual figure may not be known for several months. Last week, US insurance giant AIG said its claims from the disaster would be at least $700m\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/21\/swiss-re-japan-bill-put-at-1-2bn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/21\/swiss-re-japan-bill-put-at-1-2bn\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Swiss Re Japan bill put at $1.2bn\",\"datePublished\":\"2011-03-21T09:44:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/21\/swiss-re-japan-bill-put-at-1-2bn\/\"},\"wordCount\":197,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/21\/swiss-re-japan-bill-put-at-1-2bn\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/21\/swiss-re-japan-bill-put-at-1-2bn\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/03\/21\/swiss-re-japan-bill-put-at-1-2bn\/\",\"name\":\"Swiss Re Japan bill put at $1.2bn - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-03-21T09:44:33+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/21\/swiss-re-japan-bill-put-at-1-2bn\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Swiss Re Japan bill put at $1.2bn - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/03\/21\/swiss-re-japan-bill-put-at-1-2bn\/","twitter_card":"summary_large_image","twitter_title":"Swiss Re Japan bill put at $1.2bn - Ghanamma.com","twitter_description":"21 March 2011 Last updated at 05:44 ET Insurer Swiss Re has estimated that it faces claims from the Japan earthquake and tsunami of about $1.2bn (\u00a3738m). 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