Turkey quake contributed to $43 bln in H1 insurance losses - Munich Re ...Middle East

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Turkey quake contributed to $43 bln in H1 insurance losses - Munich Re
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A deadly earthquake in Turkey and Syria as well as tornadoes and hailstorms in the United States contributed to losses covered by insurance of $43 billion in the first half of 2023, Munich Re said in a report released on Thursday. The figure is slightly lower than the $47 billion in insured losses incurred in the first half of 2022, but higher than the 10-year average of $34 billion, according to Munich Re, the world's largest reinsurer.

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