Zurich - 06 Aug 2024
TRY 116.9bn - PERILS releases final industry loss estimate for the Kahramanmaras Earthquake Sequence
PERILS has today disclosed its fifth and final industry loss estimate for the Kahramanmaras Earthquake Sequence, which affected large parts of south-central Turkey and neighbouring Syria on 6 February 2023.
In its final loss report, provided in the form of an industry loss footprint at province resolution, PERILS estimates that the event has cost the insurance industry a total of TRY 116.9bn in property losses.