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History of the Turkish Catastrophe Insurance Pool
Resource ID
20431672-32ea-11e6-8f45-040146164b01
Title
History of the Turkish Catastrophe Insurance Pool
Date
Feb. 11, 2007, 6 p.m., Publication
Abstract
With a majority of the population living in these earthquake-prone areas, the persistent potential for large-scale natural disasters has become a fiscal and social issue for the Turkish government. This issue led to the establishment of the Turkish Catastrophe Insurance Pool (TCIP) in 1999. In five years, the TCIP transformed itself from an unknown and controversial government-sponsored program to one of the most trust- ed brand names in the Turkish insurance industry. The TCIP’s success has brought it worldwide recognition. Inspired by the TCIP’s example, more than a dozen countries, including have begun technical and legislative preparation of catastrophe insurance programs.
Edition
--
Responsible
andy
Point of Contact
Fraser
sfraser@worldbank.org
Purpose
--
Maintenance Frequency
notPlanned
Type
not filled
Restrictions
None
License
None
Language
eng
Temporal Extent
Start
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End
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Supplemental Information
No information provided
Data Quality
--
Extent
  • x0:
  • x1:
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Spatial Reference System Identifier
EPSG:4326
Keywords
(10023, 85, 673, 48, 85, 'WBG', 'wbg'), (10021, 240, 673, 48, 240, 'Turkey', 'turkey'), (10024, 263, 673, 48, 263, 'Disaster risk financing and Insurance Report', 'disaster-risk-financing-and-insurance-report_1'), (10022, 264, 673, 48, 264, 'TCIP', 'tcip')
Category
Geoscientific Information
Regions
Turkey