Page 3 - Turkinsurance Digital Magazine

Dear Readers,

For the March issue of Turkinsurance, we have prepared an had the highest occupancy rate.
issue full of news, articles, analyses and researches to shed
light on Turkish insurance and pension markets. At the end of 2018, premium production of Turkish insurance
market reached 10 billion 354 million USD. Liability insur-
Consumers increasingly show interest in parametric insurance ance continued to get the highest share from premium pro-
products which are developed for low-probability but high- duction during the fourth quarter with 31.96 percent. Biggest
cost risks and are generally preferred for damages that can growth in premium volume was also reported in the liability
be caused by natural disasters. After seeing the first sample line.
of parametric insurance in the Caribbean’s, a nest for natural
disasters; they continue to become increasingly more popular This month, our Countr Profile section covers Greece. You
around the world. can have a general idea Greece’s general economic condition
its progress and insurance rates by reading this report.
Fund size of Individual Pension System grew by 13.1 com-
pared to previous year, increasing from 12.8 billion USD up Hope to meet with the next issue
to 14.4 billion USD. At the end of 2018, precious metals were
the most profitable funds with a return of 35.93 percent and Your sincerely