Reinsurance in Turkey, Key Trends and Opportunities to 2017 - New Market Research Report
The Turkish reinsurance segment is small yet competitive. Led by strong growth in the overall insurance industry and an increasing level of risk awareness due to the rising frequency of natural disasters, the segment increased from TRY0.8 billion (US$0.7 billion) in 2008 to TRY1.1 billion (US$0.6 billion) in 2012, at a review-period CAGR of 5.5%.Apart from one local reinsurance company (Milli Re), international insurers such as Munich Re, Swiss Re and Lloyd's cater to the reinsurance needs of the Turkish...
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