Ring of Fire subduction of the Pacific Plate and the Philippine Sea Plate. As many as 1,500 earthquakes are recorded yearly, and magnitudes of 4 to 6 are not uncommon. Minor tremors occur almost daily in one part of the country or another, causing some slight shaking of buildings. Major earthquakes occur infrequently; the most famous in the 20th century were: the Great Kantō earthquake of 1923, in which 130,000 people died; and the Great Hanshin earthquake of 17 January 1995, in which 6,434 people died. On March 11, 2011 a magnitude 9.0 earthquake hit Japan, the country's biggest ever and the fifth
2011 Christchurch earthquake the most damaging in a year-long earthquake swarm affecting the Christchurch area. It was followed by a large aftershock on 13 June (which caused considerable additional damage) and a series of large shocks on 23 December 2011. Finance Minister Bill English advised that the effects of the 2011 quake were likely to be more costly than the September 2010 quake. His advice was that the 2011 earthquake was a "new event" and that EQC's reinsurance cover was already in place after the previous 2010 event. New Zealand's Earthquake Commission (EQC), a government organisation, levies policyholders to cover a major part