Yusuf Cemil Satoğlu, General Manager of TARSİM (Agricultural Insurance Pool) emphasized that confidence in TARSİM has continuously increased for more than 10 years, as the sole representative of agricultural insurance in our country.

Satoğlu underlined that the system continued growing stably and in a healthy way thanks to the persistent support from the government, valuable contributions of stakeholders and employees, and confidence of producers in the system. He added, “We have covered a good distance in a short time. Until the foundation of TARSİM, rate of agricultural insurance ownership remained as low as 0.5 percent. Today, it stands at around 20 percent. Our biggest advantage is the fact that the State continues to stand behind this model. We are extremely lucky to have the confidence and loyalty of our producers, selfless and valuable contributions by our stakeholders and employees, and continuous cooperation. We have made good progress in the institutionalization of the Pool during this time. The system was completely aligned with ethical principles. Objectivity, honesty, transparency, reliability, accountability, care for social benefits, respecting human rights and environment have all become the building blocks of the system’s solid foundation. We have reached a point where our system is being marked as an example among its peers in terms of cooperation between public-private sector and non-governmental organizations”

Satoğlu also evaluated the 2017 results and losses; saying that TARSİM estimated to close this year with a premium volume of 1.6 billion TL, and that a sum of nearly 850 million TL will be paid to producers and farmers until the end of the year.

Within the scope of State-Supported Agricultural Insurance System, total number of policies in all insurance lines reached nearly 1.5 million, insured sum increased to 26 billion TL, size of insured areas stood at 22 million decares and number of insured animals surged to 2 million with a substantial growth of 46 percent. 285 thousand claims were received across Turkey; dominant causes being hails, frosts, storms, floods, wild boar attacks. Highest number of claims were received from Malatya, Manisa, Giresun, Konya and Mersin with highest amount of losses reported for apricot, wheat, hazelnut, grape, apple and sunflower.