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Turkey tag returned 153 results

  • Turkey: Insurers are bullish about 2020

    The Turkish insurance sector is looking forward to 2020 as the industry has been performing above expectations so far this year in spite of low economic growth and the momentum is expected to continue.

    Middle East | 05 Dec 2019
  • Turkey: Insurance body & financial entities take majority stake in rating agency

    The Association of the Insurance, Reinsurance and Pension Companies in Turkey (TSB), banks and other financial institutions have bought a combined 85.05% of JCR Eurasia, the local unit of Japan Credit Rating Agency, reported Reuters.

    Middle East | 01 Dec 2019
  • Turkey: Insurance market shows robust growth in Jan-Oct period

    Total premiums generated by the insurance industry for the first 10 months of this year stood at TRY54.42bn ($9.45bn), according to data released by the Insurance Association of Turkey (TSB).

    Middle East | 24 Nov 2019
  • Turkey: Number of vehicles with own-damage cover falls

    The number of vehicles in Turkey covered by own-damage motor insurance is declining. One reason cited for this situation is that vehicle owners want to cut costs because they are feeling the impact of the economy.

    Middle East | 21 Nov 2019
  • Takaful: Turkey's share of global Islamic insurance market expands

    Turkey's share in the global Islamic insurance market has jumped form a mere 1.5% in 2014 to 5% in 2019, according to a report released by the Committee for Economic and Commercial Cooperation of the Organization of the Islamic Cooperation (COMCEC).

    Middle East | 18 Nov 2019
  • Turkey: Expert outlines fire risks that follow earthquakes

    Almost all (98%) of the factories in Turkey are located in earthquake zones and factory fires caused by quakes pose a risk as great as the earthquakes themselves, according to Professor Abdurrahman Kilic who is regarded as the country's foremost expert on fire. He is also a founding member of Turkey Fire Protection and Education Foundation (TUYAK).

    Middle East | 14 Nov 2019
  • Turkey: Govt plans to introduce complementary pension scheme

    The Turkish government plans to launch the Complementary Pension System (TES) next year, announced as part of the 2020-2022 national economic programme. The goal is to plug a gap in the country's pension system.

    Middle East | 12 Nov 2019
  • Turkey: September earthquakes boost demand for insurance

    Demand for compulsory earthquake insurance has increased rapidly after the magnitude 4.6 and 5.8 earthquakes in Istanbul on 24 September and 26 September.

    Middle East | 11 Nov 2019
  • Turkey: Insurance market open to development - EY

    The growth potential in Turkish insurance market is expected to increase as structural reforms are implemented, says Mr Alpay Ertekin, associate partner with the Transaction Advisory Services unit of the global professional services firm EY.

    Middle East | 07 Nov 2019
  • Turkey: New player enters non-life insurance market

    TMT Sigorta has become the latest to join the insurance industry, after receiving a licence from the regulator, the Treasury.

    Middle East | 06 Nov 2019