Turkey quake insured losses to exceed $1bn amid $20bn economic hit: Verisk
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Turkey quake insured losses to exceed $1bn amid $20bn economic hit: Verisk

Samuel Casey
14 February 2023
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
ALAMY turkey earthquake Iskenderun february 7 2023.png
Photo: Alamy

Insured losses from last week’s earthquake in Turkey are expected to exceed $1bn, according to Verisk, whilst the disaster is expected to inflict a $20bn hit on the country’s economy.

The risk modeller said the estimates accounted for both the major earthquakes that struck the country near the Syrian border last Monday, which measured 7.8

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Claims and losses
sam casey/sam casey ii red.png
Samuel Casey
Senior Reporter
Contact
Gift this article