Japanese insurers have already shelled out a staggering $2.27 billion on some 125,000 dwelling claims as a result of last month's earthquake and tsunami, according to the General Insurance Association (GIA) of Japan.

The GIA reported that it expects the number of claims to grow as the restoration of the country progresses.

The loss adjusting process has been helped by technology. Insurers are using aerial and satellite photographs to scan“total loss areas.” These regions will not require loss adjusters to personally assess damage to dwellings.