M7.6 Philippines

Similar Stochastic Events | Summary
Posting Date: December 4, 2023, 3:00:00 PM

A magnitude 7.6 earthquake struck at a depth of 32.8 km just offshore Mindanao, Philippines on Saturday, killing at least one person and leading to tsunami warnings throughout the region.  Measured at magnitude 7.4 by the Philippine Institute of Volcanology and Seismology, the temblor was followed by dozens of aftershocks, including four greater than magnitude 6.  Initially, tsunami warnings suggested waves of up to 1 meter could hit Japan, Palau, and parts of the east coast of the Philippines, but these warnings were later lifted.  A few outlying Japanese islands did report waves up to 0.4 meters. No major damage has been reported from the quake at this time.  The event follows a magnitude 6.7 event on the 17^th of November which caused some structural damage in and around General Santos City in the southern tip of the island nation. 

ALERT™ subscribers can download similar stochastic event (SSE) IDs for the recent M7.6 earthquake near the Philippines from the Downloads tab of this posting. Compatible with Touchstone® and Touchstone Re™, the SSEs were selected based on the event’s location, magnitude, and depth. They should only be used with exposures in the Philippines.

No additional ALERTs are planned for this event.  Please contact your Verisk representative with any questions.

Similar Stochastic Events | Downloads
Posting Date: December 4, 2023, 3:00:00 PM

The information provided herein is strictly confidential and is solely for the use of Verisk clients; disclosure to others is prohibited.

Similar Stochastic Event IDs

Note: These lists give event IDs taken from our stochastic catalog that have similar characteristics as the current event.

Product	File Type	Description	Download
TOUCHSTONE / Re	Excel (xls)	Selected set of stochastic events, with Readme and insured industry losses in Excel format
TOUCHSTONE / Re	CSV (csv)	Selected set of stochastic events, formatted for import into Touchstone/Re