The 1995 Great Hanshin earthquake diminished much of the port city's prominence when it destroyed and halted much of the facilities and services there, causing approximately ten trillion yen or $102.5 billion in damage, 2.5% of Japan's GDP at the time. Most of the losses were uninsured, as only 3% of property in the Kobe area was covered by earthquake insurance, compared to 16% in Tokyo. Kobe was one of the world's busiest ports prior to the earthquake, but despite the repair and rebuilding, it has never regained its former status as Japan's principal shipping port. It remains Japan's fourth busiest container port.