Japanese mutual Zenkyoren – or Zenk – has told reinsurers on its XoL treaty that the 7.4 magnitude earthquake that hit the northwest of the country last week would be a retention event and would not trigger its ~$18bn cat program, The Insurer understands.
For details on how to subscribe or for all commercial opportunities, including advertising, please contact:
Tel: +44 (0) 203 934 6687
Tel: +44 (0) 203 934 6684
Subscribers get access to: