Page 3 - Turkinsurance Digital Magazine

Dear Readers,

For the March issue of Turkinsurance, we have prepared an vious period with 53.15%. In the Private Pension System,
issue full of news, articles, analyses and researches to shed the amount of participants’ funds exceeded 205 billion 573.5
light on Turkish insurance and pension markets. million TL in 2021. At the end of the year, precious metals
funds were the fund group that earned the most to its inves-
According to the results of the world’s largest IT research by tors with a return rate of 66.90 percent, while at the same
KPMG and Harvey Nash, the average additional IT spending time, they formed the fund group with the highest occupancy
increased by 5 percent in 2020 during the pandemic process rate.
globally. On the other hand, average additional IT spending
in Turkey increased by 12% during 2021. This month, our Country Profile section covers Bulgaria. You
can have a general idea Bulgaria’s general economic condi-
In the last quarter of 2021, the total premium production in tion its progress and insurance rates by reading this
the insurance sector increased by 27.53% compared to the report.
same period last year and amounted to TL 105 billion 307
million. While liability insurances had the highest share in Hope to meet with the next issue
total premium production with 25.73% as in previous peri-
ods, the largest increase in premium production in this period Your sincerely
was experienced in the transportation branch as in the pre-