Baden-Baden Turkish Evening brought together specialists interested in the Turkish insurance market

21 October 2014 —
Baden-Baden Turkish Evening brought together specialists interested in the Turkish insurance market
turkish_evening_bb_2014Tuesday night's business meetings in Baden-Baden had an unmistakable Turkish air: the insurance and reinsurance professionals participating at the annual reinsurance event held in the German city were invited to the Baden-Baden Turkish Evening. The event took place at Kurhaus Casino, Runder Saal, and it was organized by LOCKTON Re & Istanbul Underwriting Center.

The Turkish evening represented an excellent networking opportunity for all the specialists interested in the Turkish insurance market, whose immense business potential is highlighted by its size alone: more than 75 million people, with an average age of less than 30 years old.

ins_profile_turcia_2014Thus, whether talking about life insurance, health insurance, private pensions, or even the common motor lines, all insurance segments become appealing when it comes to business opportunities, considering the penetration rate of the Turkish insurance market in the GDP currently stands at 1.55%. Reinsurance is also a key factor for the country's NatCat program, which revolves around the TCIP.

The latest issue of the specialized magazine Insurance Profile Turkey - 1H/2014 was also available to all those participating at the Baden-Baden Turkish Evening. The publication includes the financial results of the insurance market for 2013, as well as for the first half of 2014. Moreover, it also covers interviews of well-known professionals activating in the local industry, as well as an index of the Turkish re/insurers.



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