Turkiye: Senior industry executive expects motor pricing to be liberalised

Published on March 1, 2024
The problem of insufficient premiums in compulsory motor third-party liability insurance (known as traffic insurance) imposes a great burden on the sector, with many insurers suffering technical
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Core Specialty announces Specialty Markets Group transfer from American National

March 1, 2024
American National Group is to transfer Specialty Markets Group (SMG), a writer of credit-related insurance products based in the US, to Core Specialty.Mark Walker will join Core Specialty as President of the newly formed Financial Services Division, which will operate as Core Specialty’s 16th specialty business unit within its Bond, Credit & Guarantee subsegment.This subsegment is comprised of the

Turkiye: Agricultural insurance pool pays out US$1.2m promptly for tornado damage

March 1, 2024
TARSIM, the Agricultural Insurance Pool, has paid out TRY39m ($1.2m) to greenhouse producers in the southern province of Antalya whose crops were damaged by a recent tornado.