RMS: Quake on California’s Hayward Fault Could Produce $25 Billion in Insured Losses

  Wednesday, October 15th, 2014 Source: Canadian Underwriter

Risk Management Solutions Inc. warned Monday that the "most likely location" of the next big earthquake to affect the San Francisco Bay area is on a fault running east of the bay, which could cause $25 billion in insured losses if there is a tremor the size of one that hit the area 146 years ago.Newark, Calif.-based RMS also warned that a magnitude 7.9 quake on the San Andreas could cause more than $200 billion in losses. All figures are in United States dollars.

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