After a Quake: Insurance Coverage in Earthquake Disasters

On January 12, 2010, a magnitude 7.0 earthquake struck the island of Haiti. The quake has affected almost 3 million people, and aid is arriving from many countries. Estimates put the economic damage in the low-single-digit billions of dollars, and fatalities are expected to be in the tens of thousands.

On May 12, 2008, a 7.9 magnitude earthquake hit the Sichuan Province in Western China, killing 87,587 people and leaving over 18,000 missing.

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