The Insurance Association of Turkey (TSB) has released a comprehensive position paper, outlining the sector's strategic contributions to the Turkish economy and vision for sustainable growth and offering policy recommendations for a more inclusive, accessible, and sustainable insurance ecosystem.
Anadolu Anonim Turk Sigorta Sirketi's (Anadolu Sigorta), among Turkiye's biggest P&C insurers, has a record of good profitability, according to Fitch Ratings.
The Turkish insurance market posted total premiums of TRY396.4bn ($8.8bn) for the first quarter of 2026, a jump of 30.4% year on year, making a strong start to 2026, data released by the Insurance Association of Turkiye indicate.
The Insurance Association of Turkiye (TSB) has named members of its new board, headed by Mr Ahmet Yasar, following elections at its annual general assembly held on 8 April 2026.
Turkiye Sigorta, the country's biggest non-life insurer, has decided to double its paid-in capital to TRY20bn ($446m) through a 100% bonus issue, with funds to be transferred from retained earnings.
The escalating tensions in the Strait of Hormuz due to Israeli and US attacks on Iran indicate that the insurance sector has become one of the main actors in classifying the nature of conflict from an operational perspective.
Members of the Insurance Association of Turkiye (TSB) have elected Mr Ahmet Yasar as the new President of the trade body at a ordinary general assembly held on 8 April.
The Turkish insurance sector had a weak start to 2026 and the US-Israel-Iran military conflict has aggravated the situation, forcing the insurance industry to recalibrate its expectations for the year.
Turkiye's Competition Authority has launched an investigation into 19 companies operating in the health insurance market over allegations that they may have coordinated the pricing of their products.
State-owned Turk Reasurans (Turk Re) has reported that its net profit reached TRY3.6bn ($80.8m) for 2025, a 16% jump compared to 2024, maintaining its growth momentum, according to a company statement.