Last week's events in Japan has the world—and the insurance industry—reeling. Not only has Japan seen an enormous earthquake and the resulting tsunami, but the country is still trying to avoid what could be an even bigger catastrophe—failure of one or more nuclear power plants.

I contacted a couple of leading observers of the insurance and IT industry to get their views on the events. Not surprisingly, Craig Weber and Matt Josefowicz were each focused on the devastation to Japan and the citizens of that country.

Weber, senior vice president and head of the insurance team at Celent calls the events of the last few days "an unthinkable Trifecta of disasters."

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.