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TURKEY's general insurance market shows improvement
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TURKEY's general insurance market shows improvement
29 April 2014 —
The Turkish general insurance market made a profit of USD 357m (EUR 260m) in
2013 after four years of poor results. The improvement was driven by
hardening rates in motor pricing, a reduction in reserve strengthening
and improved investment returns.Fitch Ratings said in a report that the
Turkish insurance market is growing strongly, driven by economic growth,
favourable demographics, urbanisation and an expanding middle class.
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TURKEY's general insurance market shows improvement
Read the full story
TURKEY's general insurance market shows improvement
