Turkiye: Growth of compulsory earthquake insurance coverage seen as slow

Published on August 1, 2024
The Turkish Catastrophe Insurance Pool (TCIP) has disclosed that the compulsory earthquake insurance (ZDS) rate in the country is currently 57%, with the number of insured residential properties
Continue reading on website
Other news

Everest CEO hails ‘excellent’ mid-year renewal outcome as T&Cs and attachment points hold

August 1, 2024
Bermuda domiciled Everest Group’s reinsurance business delivered a strong underwriting result in the second quarter of 2024, and amid still favourable property market conditions, characterised by persistently attractive rates and unwavering terms and conditions (T&Cs) and attachment points, the firm had an excellent outcome at the mid-year renewals.This is according to the re/insurer’s Chief Execu

Turkiye: Holistic approach needed to raise quake insurance coverage

August 1, 2024
Educating the public about the importance of insurance must be approach in a more integrated way, according to Mr Uger Gulen, president of the Insurance Association of Turkiye (TSB).