Page 23 - Turkinsurance Digital Magazine

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AXA is the world’s most valuable insurance brand for the 10th time

For the 10th consecu- they were proud to be listed in the report which was prepared
tive year, Interbrand has under the theme of “activating courage”; he said: “The most
ranked AXA as the num- important reason making our brand strong and putting us in
ber 1 Global Insurance the list with the world’s leading companies is the fact that we
Brand in Best Global can make long-term and rapid decisions and take courageous
Brands 2018. The report steps all around the world. AXA does not go adrift with the
prepared by Interbrand course of the market, but rather shape the future of the mar-
considering the financial ket with our works and projects. Likewise, in Turkey, we work
performance, brand pow- with the target of helping people lead better lives; and we go
er and brand’s role in the beyond being a company that only pays for losses by imple-
procurement of products menting practices that will turn us into a real solution part-
and services, listed AXA ner. For instance, we believe that we must be engaged in an
as the 47th brand among end-to-end solution via our Insurance 4.0 concept, which con-
all companies from all sists of Customer 4.0, Agent 4.0, Employee 4.0 and Process
sectors. The report re- 4.0. Therefore, we wish to enable our customers to reach our
corded AXA’s brand val- company more easily and take a place in their lifecycle apart
ue as 11.1 billion USD. from the services they receive from us. In this respect, I would
like to thank all our colleagues who have put great effort in
Yavuz Ölken, CEO of this success, to our agents who have supported us towards our
AXA Sigorta, stated that goals, and to our customers who have always trusted in us.”

TARSİM will host the 36th 6 months’ bill of global catastrophes:
AIAG Congress 45 billion USD

Causing thousands of
36th International Association of Agricultural deaths around the world,
Production Insurance (AIAG) Congress will natural catastrophes bring
be held in İstanbul by TARSİM in 2021. giant losses on the econo-
mies of nations. Offering
The proposal TARSİM management made to professional services in
Arnaud De Beaucaron, President of the Asso- risk, insurance, pension,
ciation, to host the 36th Congress in our coun- human resources solu-
try was approved. tions, health and fringe
benefits; Aon released the
The Congress is organized biannually at differ- “Global Catastrophe Recap: First Half of 2018” that analyzes the impacts
ent countries by International Association of of natural catastrophes that occurred during the first half of 2018 around
Agricultural Production Insurance (AIAG), an the world. According to the report, natural disasters caused a total loss of
association that operates since 1951 and has 45 billion USD during the first half of this year, while insured losses are
over 100 members from 5 continents and 30 estimated to have reached 21 billion USD.
countries. Main topics and discussions of the
congress revolve around the problems faced by There were an estimated 156 natural disaster events which occurred in
countries in agricultural insurance practices, the first half of 2018, which was above the 21st Century average of 142.
solution proposals, future of agriculture and Natural disasters claimed at least 2 thousand 153 lives during the first half
what can be done by the insurance market in of 2018; while flooding was the deadliest peril of the first two quarters
this respect. of 2018, being responsible for at least 892 deaths. While there was not a
“mega” catastrophe that led to economic damage beyond 10 billion USD,
the first six months were marked by many smaller-scale disasters. There
were at least 15 separate billion-dollar events, 14 of which were weather
related, except for 1 earthquake. The billion-dollar events were led by the
U.S. with 6 events, followed by EMEA with 4, APAC with 4, and the
Americas with 1.