Earthquake insurance for earthquakes in Turkey is compulsory[1][2][3] for residential buildings in urban areas.[4] However it is often not enforced.[4]
The Turkish Catastrophe Insurance Pool was created shortly after the 1999 İzmit earthquake[5][4] and is making payments for the 2023 Turkey–Syria earthquake.[6]
References
edit- ^ "DASK | Natural Disaster Insurance Institution | Home Page". dask.gov.tr. Retrieved 2023-02-15.
- ^ "How Earthquake Insurance Works in Turkey". WSJ. Retrieved 2023-02-15.
- ^ https://www.tcip.gov.tr.
{{cite web}}: Missing or empty|title=(help) - ^ a b c "Global Reinsurers to Bear Bulk of Losses From Turkey-Syria Earthquake: Fitch". Insurance Journal. 2023-02-09. Retrieved 2023-02-15.
- ^ Gurenko, Eugene; Lester, Rodney; Mahul, Olivier; Gonulal, Serap Oguz (2006). Earthquake Insurance in Turkey : History of the Turkish Catastrophe Insurance Pool. Washington, DC. doi:10.1596/978-0-8213-6583-0. ISBN 978-0-8213-6583-0.
{{cite book}}: CS1 maint: location missing publisher (link) - ^ "TCIP made claims payments within 24 hours of quake, notified reinsurers: Türk Reasürans CEO - Reinsurance News". ReinsuranceNe.ws. 2023-02-14. Retrieved 2023-02-15.