Damage to the economy from earthquakes in Turkey will probably exceed $ 2 billion and can reach $ 4 billion
Such an assessment is given by the International rating agency Fitch Riving.
Fitch experts note that Turkey insurance losses will be several times lower, presumably at $ 1 billion. The reason is a low insurance coating in the injured regions.
In particular, the Turkish insurance pool for disasters (TCIP), which was created after the earthquake in the elegance in 1999, covers only the damage caused to buildings in urban areas. It does not apply to human losses.