Just ~5% of $20bn+ in economic losses from Turkey quakes to fall to re/insurers: Verisk

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Reinsurance News - Feb 14, 2023

The devastating M7+ earthquakes that occurred in Turkey on February 6th, 2023, are expected to drive economic losses of more than $20 billion, of which insurers and reinsurers will cover more than $1 billion, according to Verisk’s Extreme Event Solutions. At least 33,000 lives have been lost f...

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