Insight and Intelligence on the London & International Insurance Markets 20 Feb 2018

To view the full Insurance Insider site click here

PCS tracking Turkish storm losses

  • Lucy Jones 3 August 2017
  • Property Claim Services (PCS) is tracking two storms that hit Turkey in July as catastrophe events after local media reported substantial insured losses.

    Torrential rains on 27 July left the capital Istanbul under water, while hail damaged at least one jet aircraft.

    PCS has not yet given any loss estimates for the storms, but the Turkish publication Hurriyet Daily News reported that the 18 July event alone cost insurers 200mn Turkish lira ($57mn).

    When losses tracked by the Turkish media...

  • If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership
  • Login Free trial
  • Login