Insurance Profile Turkiye FY2021 - 1H2022: meet the Turkish insurance market's news in Baden Baden

20 October 2022 — Daniela GHETU
Alike all countries and economic sectors, Turkiye and its insurance market were not spared from challenges throughout 2021 and 2022. XPRIMM's Insurance Profile Turkiye FY2021 and 1H2022 will be available in Baden Baden once again to reveal the most important market trends.

Claims inflation, wages and medical costs inflation, currency exchange depreciation, as well as the erosion of customers' disposable income, weakening both their ability to buy insurance and save are the current difficulties that Turkish insurers are confronted with. The report produced in cooperation by XPRIMM and IUC- Istanbul Underwriting Center is presenting you market initiatives and personalities, as well as statistical details on the insurance market's evolution in 2021 and the first half of this year. Once again, insurers are striving to transform the crisis in opportunity and fructify it. The stories and results are in the report's pages.

How the insurance market is fighting inflation and the strong devaluation of the Turkish currency against Euro and USD, what regulatory changes have been implemented or are in preparation to improve the motor insurance market's profitability, what are the newest initiatives to reduce the NatCat protection gap ... you may find about all these topics from top level representatives of the Insurance and Private Pension Regulation and Supervision Authority and some of the most relevant insurers.

Visit the XPRIMM meeting point in Kurhaus Baden-Baden to get your complimentary copies of the latest XPRIMM reports.