News Middle East07 Dec 2022

Turkiye:Insurers present scenarios for insurance market

| 07 Dec 2022

The Insurance Association of Turkiye (TSB) has revealed that if the insurance penetration rate in the country was to rise from 2.2% to 3.2%, the insurance market would grow by 45% in terms of premiums and this growth will result in an increase of 3.5ppt increase or TRY197.8bn ($10.6bn) in Turkiye's GDP.

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