Loss Announcement:

Zurich - 08 Aug 2023

TRY 92.8bn - PERILS releases third industry loss estimate for the for the Kahramanmaras Earthquake Sequence

PERILS has today disclosed its third 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 third 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 92.8bn.