Turkiye has taken over the presidency of Turkic World Insurance Union (TWIU), with Mr Atilla Benli elected as the President.
The Turkish property and casualty (P&C) market's return on equity (ROE) will remain robust at above 30% over the next two years, said S&P Global Ratings (S&P). The ratio consistently exceeded 40% over the past three years as investment income, led by high interest rates, and revaluation gains offset marginal underwriting losses.
The Insurance and Private Pension Regulation and Supervision Authority (SEDDK) is carrying out data-driven audits to detect discrepancies between the declared number of branches and the actual transaction locations, as well as unregistered commission distribution.
AXA Turkiye and AXA Climate have released its climate report, focussing on the central message that climate change should be understood not as a series of isolated natural disasters, but as an interconnected system of risks affecting water, health, agriculture, infrastructure, cities and the insurance sector.
The Insurance and Private Pension Regulation and Supervision Authority (SEDDK) has expanded its "My Private Insurance" page on the e-Government platform.
The Insurance and Private Pension Regulation and Supervision Authority (SEDDK) has published a circular clarifying the scope of fire insurance and how coverage and premium amounts should be displayed in policies.
The Turkish Catastrophe Insurance Pool (TCIP) has received 891,774 claims, related to 1,403 earthquakes, and made payments for 701,696 of the filed claims since its establishment.
The Turkish insurance sector has faced extremely challenging conditions in recent years, characterised by high inflation, severe currency devaluation, and natural catastrophes, but it has maintained strong revenue growth, robust returns on equity (ROE), and steady improvements in shareholders' equity, notes S&P Global Ratings (S&P).
Ransomware activity targeting the Middle East surged to its highest level during a 17-month period assessed by CloudSEK, jumping from 17 threat intelligence feeds in April 2025 to 357 in June 2026 - more than a 20-fold increase.
Turkiye's insurance sector continues to contract in real terms in the first seven months of this year, according to data released by the Insurance Association of Turkiye (TSB).