Turkish cat pool faces tripling of RoL on ~$2bn reinsurance programme
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Turkish cat pool faces tripling of RoL on ~$2bn reinsurance programme

Turkey and Syria Earthquake damage february 2023.jpg

The Turkish Catastrophe Insurance Pool (TCIP) is set to pay a vast increase on its $2bn cat reinsurance programme following historic earthquake losses during 2023, this publication can reveal.

Sources told this publication that last year, the pool paid an average rate on line across its reinsurance programme of 1.8%.

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