Noto Earthquake claims reach $578.2m in May

Of the total claims collected, 68.7% were paid.

The value of claims paid for the 2024 Noto Peninsula Earthquake stood at $578.2m (Y90.97b), as of 31 May, data from the General Insurance Association of Japan (GIAJ).

Previously, claims paid stood at $540m in 26 April data.

About 56.3% of the total claim payments amount were under the Ishikawa Prefecture.

To tally, there were 150,567 claims collected, whilst 145,899  investigations were completed since 1 January to the May date.

Of the total claims collected, 103,439  were paid. 

($1.00 = Y157.4)