Turkiye:Milli Re's ratings upgraded as insurance industry beats high inflation

By MEIR team | 24 Sep 2026

Turkiye Reinsurance Property & Casualty Financial Performance

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).

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