luzi-hitz-ceo-perils-2

Luzi Hitz, CEO of Perils

8 August 2023Insurance

PERILS hikes Turkey-Syria earthquake loss estimate to $4.9bn

Catastrophe insurance data firm PERILS has released the third loss estimate for the Kahramanmaras Earthquake Sequence of February 2023, which affected large parts of south-central Turkey and neighbouring Syria. The event marks the costliest catastrophe event in Turkey’s history.

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