Page 3 - Turkinsurance Digital Magazine

Dear Readers,

For the May issue of Turkinsurance, we have pre- According to the consolidated balance sheet results as of Sep-
pared an issue full of news, articles, analyses and research- tember 2020 announced by the Insurance Association of Tur-
es to shed light on Turkish insurance and pension markets. key, total technical profit in non-life segment reached 970
million 317 thousand USD, compared to 282 million 996
2021 Küresel Riskler Raporu’na göre, 2 yıl içerisinde thousand USD in life segment. Overall technical profit of
gerçekleşmesi beklenen küresel tehditler arasında istihdam ve Turkish insurance market reached 1 billion 318 million 47
geçim krizleri, geniş çaplı gençlik hayal kırıklıkları, dijital thousand USD. During the same term, technical profit in the
eşitsizlikler ve ekonomik durgunluk başı çekiyor. pension segment stood at 64 million 733 thousand USD.

At the end of 2020, total number of participants in IPS (Vol- This month, our Country Profile section covers Po-
untary Participation) reached 6 million 898 thousand people, land. You can have a general idea Poland’s general econom-
while AES (Auto-Enrollment System) reached 6 million 635 ic condition its progress and insurance rates by reading this
thousand participants. Total fund size in BES reached 18 bil- report.
lion 91 million USD, and fund size of participants that joined
the system via auto-enrollment reached 1 billion 476 million Hope to meet with the next issue
USD. Your sincerely