A major earthquake of magnitude 7.2 shook the north east of Japan. The epicenter of the quake was located 160km offshore. No damage is reported and there are no reports from local authorities of any injuries of fatalities. A tsunami warning was issued but recalled later.
The Plenum CAT Bond Fund holds positions exposed to the peril of Japan earthquakes. However, because no widespread damages occurred, we do not anticipate any impact on the fund from this event.
The epicenter of the quake was located 160km offshore. No damage is reported and there are no reports from local authorities of any injuries of fatalities. A tsunami warning was issued but later recalled.
The Plenum CAT Bond Fund holds positions exposed to the peril of Japan earthquakes. However, because no widespread damages occurred, we do not anticipate any impact on the fund from this event.