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Insured losses from Turkey quake may exceed $4 billion

Posted On: Feb. 10, 2023 9:59 AM CST


U.S.-based data and analytics company CoreLogic Inc. said that the insured losses from the deadly earthquakes that hit Turkey and Syria on Feb. 6 may exceed $4 billion, Xprimm reported. The massive quakes destroyed approximately 8,300 buildings, including many commercial and industrial facilities, and have also disrupted flows of oil in the region.