News Middle East04 Jul 2023

Turkiye:6 Feb earthquake is biggest international industry loss in the year to date

| 04 Jul 2023

The Kahramanmaras Earthquake Sequence affecting Turkey and Syria which occurred on 6 February has been the largest international catastrophe insurance loss to date in 2023 with an industry loss of $5.0bn, according to CRESTA, the insurance industry organisation that provides a global standard for risk accumulation zones and CAT industry losses in the 2Q2023 update of its CLIX Loss List released yesterday.

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