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Dear Readers,





        For  the  July  issue  of  Turkinsurance,  we  have  prepared  an  statements at the end of March 2021 announced by the Insur-
        issue full of news, articles, analyses and researches to shed  ance Association of Turkey (TSB), total technical profit in
        light on Turkish insurance and pension markets.      the non-life branch reached 2 billion 8 million 372 thousand
                                                             162 TL, 646 million 172 thousand 928 TL in life branch and
        PwC has announced the results of its traditional Annual  254 million 391 thousand 428 TL in private pension branch.
        Global CEO Survey carried out for the 24th time this year.  Total profitability of the sector was seen as 2 billion 908
        The Survey was carried out in January and February of 2021  million 936 thousand 518 TL.
        rather than at the end of the previous year, considering the
        Covid-19  vaccine  development  process,  the  USA  presiden-  At the end of the second quarter of 2021, the total number of
        tial election, and Brexit bargains between England and EU,  participants in the Private Pension System is seen as 6 mil-
        and it was completed with the participation of 5,050 CEOs  lion 907 thousand people, while the number of participants
        from 55 countries and regions. The most remarkable result  included in the system through automatic participation is 6
        of the survey is that 76 percent of the global CEOs are ex-  million 777 thousand people in total. During this period, the
        pecting economic growth in 2021 after a challenging global  total fund size in the BES is 149 billion 910 million TL, and
        pandemic year. While the developments about pandemics are  the amount of funds obtained from the participants included
        at the top of the CEOs’ definition of risk, cyber threats in-  in the system through automatic participation is 12 billion
        cluding subtopics such as cyber-attacks and disinformation  938 million TL.
        are considered among the important issues of the business
        world. According to the survey, CEOs do not agree on climate  This month, our Country Profile section covers Qatar. You
        change; while 30 percent of the participant managers report  can have a general idea Qatar’s general economic condition
        a serious concern about climate change, 60 percent do not  its progress and insurance rates by reading this
        consider climate change among strategical risks in terms of  report.
        management.
                                                             Hope to meet with the next issue
        According to the consolidated balance sheet and income  Your sincerely
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