Page 3 - Turkinsurance Digital Magazine

Dear Readers,

For the March issue of Turkinsurance, we have prepared an Stock funds were the most profitable pension fund group in
issue full of news, articles, analyses and researches to shed 2017, with an annual return of 29.69 percent and a monthly
light on Turkish insurance and pension markets. return of 2.51 percent. Money market funds had the highest
outstanding rate with an annual average rate of 3.25 percent
Turkish insurance and pension market had a vibrant year dur-
ing 2017 in terms of legal regulations. Auto enrollment sys- This month’s Interview section hosts Orhun Emre Çelik, Chair-
tem left its mark on the pension market, and price cap system man of the Actuarial Society of Turkey and Salih Taşyon,
stamped the insurance market with deep impacts. Head of Insurance Fraud and Abuse Bureau of Turkey (SİS-
EB). This month, our Country Profile section covers France.
Total volume of premiums written in Turkish insurance mar- You can have a general idea France’s general economic con-
ket increased by 7.55 percent at the end of 2017 compared dition its progress and insurance rates by reading this report.
to the end of 2016, reaching 12 billion 288 million USD.
During this period, highest volume of premiums were written Hope to meet with the next issue
in liability branch with a share as in previous periods; while
the highest growth rate belonged to life insurance. Your sincerely