Page 3 - Turkinsurance Digital Magazine

Dear Readers,

For the November issue of Turkinsurance, we have prepared At the end of the third quarter of 2018, total number of par-
an issue full of news, articles, analyses and researches to shed ticipants in Individual Pension System reached 6 million 951
light on Turkish insurance and pension markets. thousand, 4 million 983 thousand of which entered the system
via auto-enrollment. During this quarter, total fund size of the
Having 6.1 percent of share in the Gross Domestic Product system reached 12 billion 779 million USD, and fund size of
with 52 billion USD, agricultural production maintains its auto-enrollment participants stood at 637 million 849 thou-
sustainability with the contribution of agricultural insurance. sand USD.
According to TARSİM’s 2017 Annual Report, number of pol-
icies grew by 10.6 percent and written premiums increased by This month’s Interview section hosts Ahmet Nedim Erdem,
25.2 percent compared to the results of 2016. Chairman of the Insurance Experts Association of Turkey.
This month, our Country Profile section covers Ukraine. You
At the end of the third quarter of 2018, premium production can have a general idea Ukraine’s general economic condition
of Turkish insurance market reached 6 billion 573 million its progress and insurance rates by reading this report.
USD. Liability insurance line maintained its leadership posi-
tion both in terms of written premiums and premium growth Hope to meet with the next issue
rate, with a share of 31.79 percent in overall production re-
sults. Your sincerely