The Turkish Medical Association (TTB) has revised the TTB-HUV (TTB- Medical Practices Database) coefficient for the minimum medical practice fees of private-sector physicians for the second half of this year, citing rising inflation.
Turkish conglomerate Dogan Holding's new insurance subsidiary, Hepiyi Sigorta, started operations this month, after obtaining its licence on 27 May 2022 to operate in all non-life insurance branches.
The Insurance Association of Turkiye (TSB) has announced that, due to the quickly changing conditions in the automotive industry, the 'Vehicle Insurance Value List' is now updated three times a month.
Liability insurance should be made mandatory for common areas in residential estates, says the chairman of Baskent Insurance Agencies Association Mr Haci Ali Yucel.
One of the UAE's biggest insurers, Oman Insurance Co (OIC), has completed the sale of its insurance operations in Turkey to VHV Reasürans, a company that is part of Germany's VHV Group.
Concerns have been raised about the impact of economic problems and regulations in some branches of insurance, such as traffic insurance, on insurers in Turkiye.
Turkish insurers are facing one of their most challenging operating environments of the past decade, Fitch Ratings says in a new report, with earnings and capital adequacy likely to come under severe strain in 2022-2023.
ACNTurk Sigorta, the first insurance company established by agencies, aims to make a difference in the sector.
The insurance sector in Turkiye says that the 25% tariff increase for compulsory motor third-party liability insurance (dubbed 'traffic insurance') that took effect on 1 June will not cover their costs, particularly as the coverage sum has also been increased.
The Insurance and Private Pensions Regulatory and Supervisory Agency (SEDDK) has issued a reminder to insurers that they are obligated under the law to provide compulsory motor third-party liability insurance (dubbed 'traffic insurance' in Turkey).