PERILS raises insured loss estimate for Turkey quakes to $4.4bn

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Reinsurance News - May 05, 2023

Catastrophe loss data aggregator PERILS AG has raised its estimate for insurance industry losses from February’s Kahramanmaras Earthquake Sequence in Turkey to TRY 86.4 billion (USD 4.4 billion). The updated figure represents a significant increase on PERILS’ initial insured loss estimate of TRY 65....

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