News Middle East12 May 2024

Turkiye:Large claims erode Turk P&I's strong earnings

| 12 May 2024

Turk P&I's earnings have been strong over the past five years and Fitch Ratings views its financial performance and earnings as a rating strength. However, in 2H2023 earnings were reduced by large claims as a result of storms in Marmara and the Black Sea region.

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