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

  1. ↑ "DASK | Natural Disaster Insurance Institution | Home Page". dask.gov.tr. Retrieved 2023-02-15.
  2. ↑ "How Earthquake Insurance Works in Turkey". WSJ. Retrieved 2023-02-15.
  3. ↑ https://www.tcip.gov.tr. {{cite web}}: Missing or empty |title= (help)
  4. 1 2 3 "Global Reinsurers to Bear Bulk of Losses From Turkey-Syria Earthquake: Fitch". Insurance Journal. 2023-02-09. Retrieved 2023-02-15.
  5. ↑ 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)
  6. ↑ "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.
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