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Turkey tag returned 131 results

  • Turkey: Auto sales take a dive

    Turkish auto sales plummeted after tax incentives expired on 30 June, in a stark display of how dependent the market has become on government life support, according to a report by Bloomberg.

    Middle East | 25 Aug 2019
  • Turkey: Mixed outlook for insurance market this year

    A mixed outlook is expected for the Turkish insurance sector this year.

    Middle East | 18 Aug 2019
  • Turkey: Proportion of quake-safe residential properties exceeds 51%

    The number of earthquake-safe houses in Turkey has increased from around 500,000 in 1999 to more than 9.1m currently. With around 17.7m residential buildings in the country, the proportion of earthquake-safe homes has reached 51.6%, reported Insurance Gazette.

    Middle East | 04 Aug 2019
  • Turkey: Insurance market shows steady growth in 1H

    The insurance sector generated premium income of TRY33.25bn ($5.9bn) in the first half of this year, achieving growth of 19.3% over the corresponding half of 2018, according to data from the Turkey Insurance Association (TSB).

    Middle East | 23 Jul 2019
  • Turkey: Demand for Nat CAT insurance on the rise

    Heavy rains experienced in recent years throughout Turkey have led to increased demand for insurance. Research shows that storms constitute half of all extreme events followed by floods and hail.

    Middle East | 17 Jul 2019
  • Turkey: New economic blueprint proposes measures to boost insurance

    An economic road map unveiled by the Turkish government last week includes several measures related to the insurance and pension sectors. The Eleventh Development Plan was submitted to the Turkish Parliament on 8 July after it had been approved by President Recep Tayyip Erdogan. The plan covers the years between 2019 and 2023, and serves as a guide to improving the Turkey's economy.

    Middle East | 16 Jul 2019
  • Turkey: New independent regulator to have 7-member executive board

    The proposed independent regulator of the insurance industry, the Insurance Regulatory and Supervisory Agency (SDDK), will have a seven-member executive board to allow for effective decision making.

    Middle East | 02 Jul 2019
  • Turkey: Govt issues regulations for licensing individuals as pension agents

    The Turkish authorities have gazetted a set of regulations governing individual pension intermediaries, setting out required qualifications, working principles and licensing.

    Middle East | 26 Jun 2019
  • Turkey: Travel health insurance business is growing

    Turkish travellers spent TRY172.27m ($29.37m) on premiums for travel health insurance last year, 42% higher than 2017's TRY120.06m, according to data from the Insurance Association of Turkey.

    Middle East | 20 Jun 2019
  • Turkey: New independent insurance regulatory agency to be established

    Minister of Treasury and Finance Berat Albayrak has announced that a new Insurance Regulation and Supervision Authority (SDDK) will be set up to supervise the sector, raising expectations in the insurance industry.

    Middle East | 30 May 2019