Turkiye: Insurance coverage of SMEs stands at 32%

Published on September 9, 2025
While small and medium-sized enterprises (SMEs) make up 99.7% of all enterprises in Türkiye, the insurance rate for them remains at 32%, according to Mr Oktem Orkun, deputy general manager of
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Property aggregate reinsurance making a resurgence: Gallagher Re’s Knapp

September 8, 2025
According to Josh Knapp, Executive Vice President of global reinsurance broker Gallagher Re, aggregate protection is making a resurgence, especially for US cedants, when the program is appropriately structured and has a practical attachment point for everyone involved.He explained, “We’re seeing that aggregate coverage is becoming more available for US cedants including appetite for all-perils agg

London company market treaty reinsurance grows 10% in 2024, IUA reports

September 9, 2025
Treaty reinsurance business in the London company market expanded by more than 10% last year, according to data from the International Underwriting Association (IUA), the trade body representing companies operating in the London insurance market.Total premiums written in London reached £11.985bn in 2024, up from £10.889bn in 2023.Treaty premiums now make up 27% of the market, compared to a 25% sha