Cost from the earthquakes that devastated Turkey could amount to $25 - $100 billion

1. Direct costs from the earthquakes that devastated Turkey earlier this month could amount to $25 billion, JPMorgan estimated on Thursday.

China's quake-prone Sichuan insures buildings against earthquakes

Quake-prone Sichuan Province in southwest China on Monday started a trial plan to insure buildings against earthquakes and related hazards.