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Turkey quake insured losses to exceed $5bn amid $25bn economic hit: Moody’s RMS

ALAMY turkey earthquake Iskenderun february 7 2023.png
Photo: Alamy

Insured losses from the sequence of earthquakes that struck Turkey earlier this month could exceed $5bn, according to Moody’s RMS, while the disaster is expected to inflict a $25bn hit on the country’s economy.