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Indonesia Quake: Too Early To Rule Out But Looks Small - PRU, AIA exposed

FINANCIALS

Indonesia earthquake headlines:


*6.4 MAG. EARTHQUAKE 111 KM N OF PACIRAN INDONESIA :USGS
*6.0 MAG. EARTHQUAKE JAVA SEA :GFZ


  • Early to tell but EUR credit issuer with insurance exposure in the area are mainly Prudential (PRU LN Equity) and AIA Group (1299 HK).
  • Appear likely to be linked – for reference the huge quake which triggered the Fukushima nuclear event and large related P&C losses was mag 8.9 and the Richter scale is exponential.

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