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Turkey Devastation: Insured losses at $2.4 billion, says Karen Clark & Co

Turkey Devastation: Insured losses at $2.4 billion, says Karen Clark & Co

by AIP Online Bureau | Feb 16, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The number of people killed by the deadliest earthquake in Turkey’s modern history has risen to 36,187, authorities said Total property losses from the magnitude 7.8 and 7.5 earthquakes are expected to be close to $20 billion, Karen Clark & Co said Catastrophe...
Rising toll makes quake deadliest in Turkiye’s modern history

Rising toll makes quake deadliest in Turkiye’s modern history

by AIP Online Bureau | Feb 15, 2023 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance

Confirmed deaths in Turkiye passed those recorded from the massive Erzincan earthquake in 1939 that killed around 33,000 people. Speaking in Ankara following a five-hour Cabinet meeting held at the headquarters of disaster agency AFAD, Erdogan said 47,000 buildings,...

Micro quakes preventing large-scale event in India but country prepared for any eventuality: Experts

by AIP Online Bureau | Feb 12, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Risk Management

According to the Ministry of Earth Sciences, 59 per cent of India’s land mass is prone to earthquakes. Zone V is seismically the most active region, while Zone II is the least. Around 11 per cent of the country’ area falls in Zone V, 18 per cent in Zone IV...

Turkey acknowledges earthquake relief problems as death toll passes 12,000

by AIP Online Bureau | Feb 9, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life

The death toll from both countries was expected to rise as hundreds of collapsed buildings in many cities have become tombs for people who had been asleep when the quake hit. KAHRAMANMARAS/ANTAKYA, Turkey: President Tayyip Erdogan on Wednesday admitted there were...
Major earthquake kills 4,600 in Turkey and Syria, weather hits survivors

Major earthquake kills 4,600 in Turkey and Syria, weather hits survivors

by AIP Online Bureau | Feb 7, 2023 | Disaster & Management, Eco/Invest/Demography, International News

In Turkey, the death toll stood at 2,316, the Disaster and Emergency Management Authority (AFAD) said, making it the country’s deadliest earthquake since a tremor of similar magnitude in 1999 devastated the heavily populated eastern Marmara Sea region near...
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