The major earthquake that struck off the coast of Japan in the early hours of this morning local time and the tsunami waves that followed, are not anticipated to have caused significant damage, according to risk modelling firm RMS.

Japan earthquakeThe earthquake which was preliminarily reported as a magnitude 7. but later downgraded to a magnitude 6.9 caused evacuations in many coastal regions of Fukushima and surrounding prefectures in Japan, as memories of the terrible toll from the 2011 Tohoku earthquake returned. Read the full story Significant damage not expected from Japanese earthquake