Earthquake Insurance in Turkey

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Author(s)
Gurenko, E., Lester, R., Mahul, O., Oguz Gonulal, S.
Publication language
English
Pages
136pp
Date published
01 Jan 2006
Type
Research, reports and studies
Keywords
Disaster preparedness, resilience and risk reduction, Disaster risk reduction, Disasters, Earthquakes, Urban
Countries
Turkey
Organisations
World Bank

In five years, the TCIP transformed itself from an unknown and controversial government-sponsored program to one of the most trusted brand names in the Turkish insurance industry. Moreover, it has led the World Bank to rethink the roles of ex-ante risk management relative
to ex-post donor support. Turkey has received numerous emergency and rehabilitation loans from the World Bank and other donors to address its post-disaster reconstruction needs.