Page 3 - Turkinsurance Digital Magazine

Dear Readers,

For the March issue of Turkinsurance, we have prepared an es showed biggest growth in premium production.
issue full of news, articles, analyses and researches to shed
light on Turkish insurance and pension markets. Total size of participants’ funds in Individual Pension System
(BES) exceeded 137 billion 93 million TL at the end of 2020.
Willis Towers Watson announced the 2021 results of the At the end of the year, precious metals funds have brought the
Global Medical Trends Survey, which is conducted every year highest returns to their investors with a ROI of 53.72 percent.
between July and September. Two hundred and eighty-seven They were also the most occupied fund groups of the year.
leading insurers representing 76 countries participated in our
2021 survey. Global results presented in the report have been This month, our Country Profile section covers Macedonia.
weighted using GDP per capita, which indicate that pandemic You can have a general idea Macedonia’s general economic
has resulted in a decline in trends of 2020 compared to 2019. condition its progress and insurance rates by reading this re-
port.
In the last quarter of 2020, total premium production of
Turkish insurance market reached 11 billion 93 million USD. Hope to meet with the next issue
Liability insurance once again had the largest share in total Your sincerely
market production with a rate of 27.89%, while general loss-