The disparity between the extensive damage caused by the devastating earthquake in Morocco and the amount of property that is actually insured is expected to be significant, as many residences lack insurance coverage, according to the reinsurer Scor, which declared this on Sunday.

The human toll in the country, which experienced a powerful earthquake during the night from Friday to Saturday, has already reached at least 2,500 fatalities.

This catastrophe is made even more "tragic," as stated by Thierry Léger, the CEO of Scor, a company that provides insurance for insurers in the event of large-scale disasters. In addition to the loss of numerous lives, many homes were not constructed to withstand earthquakes, making them challenging to insure against this risk.

According to Jean-Paul Conoscente, the CEO of the group's property damage division, the percentage of insured individuals is lower than that in Turkey, which suffered an earthquake last February, and "the gap between economic damages and insured property should be more substantial."

According to a preliminary estimate by the World Bank, the economic losses resulting from the disaster in Turkey and Syria are estimated at $34 billion.

However, Swiss Re, the reinsurer, has estimated the costs for insurance companies at $5.3 billion.

In Morocco , "the losses for insurers will be much lower than in Turkey" , underlined Mr. Conoscente, without providing a precise figure.