Catastrophe modeling firm AIR Worldwide estimates that insured losses from the M7.2 earthquake that struck eastern Turkey Sunday, October 23rd, near the city of Van will be between 100 million TRY (55 million USD) and 300 million TRY (170 million USD). (The range in losses results from uncertainties that exist in estimating earthquake source parameters e.g., magnitude, rupture length, depth, dipping angle, etc.) Today, the third day since the Van earthquake, aftershocks continue in eastern Turkey. At least 400 aftershocks above M 3.0 have been reported in total, with the…
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Search and Rescue Still Under Way in Eastern Turkey; Nearly 1,000 Buildings Reported to Have Collapsed
According to catastrophe modeling firm AIR Worldwide, it is still in the early aftermath of the earthquake that struck near the city of Van in eastern Turkey, and damage assessments are only just emerging. Damage in the cities of Van and Ercis is widespread, and aftershocks, of which there have been more than 200, remain a concern. The U.S. Geological Survey has issued a moment magnitude estimate of 7.2 for the event and a relatively shallow focal depth of 20 km, which will have exacerbated the damage. “The tectonic setting…
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