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

ALAMY turkey earthquake Iskenderun february 7 2023.png

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

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