Research and Studies

Earthquake Insurance in Turkey

History of the Turkish Catastrophe Insurance Pool

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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.

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