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        Atilla Benli was elected President of TSB for the third time


                                                             Expressing that the year 2021, in which fire and flood disasters
                                                             as well as pandemics were fought, was passed successfully de-
                                                             spite all the difficulties, TSB Chairman stated that the amount
                                                             of compensation undertaken increased by 44% compared to
                                                             the  previous  year  and  reached  approximately  64  billion  TL.
                                                             Atilla Benli said: “We work with great dedication to be able
                                                             to respond to the needs of our insured people instantly. We are
                                                             a huge family with our valuable companies, stakeholders, sup-
                                                             port providers and we make important contributions to employ-
                                                             ment. We will continue our work shoulder to shoulder with all
                                                             our stakeholders in the sector, especially our regulatory agency

                                                             SEDDK and our Union, to ensure added value to our country’s
                                                             economy by moving insurance to strong tomorrow.”

                                                             In his speech, Ali Ersoy, Deputy Chairman of the SEDDK, not-
                                                             ed that the basis of all his work is the protection of the rights
                                                             and interests of the insured and ensuring the stability of the sec-
                                                             tor. Ersoy,said “For SEDDK, an institution that consults with
                                                             all its stakeholders, TSB is a very important stakeholder. We
        The Ordinary General Assembly Meeting with Election of the   wholeheartedly evaluate every incoming information. The fact
        Insurance Association of Turkey, the umbrella organization of   that insurance and BES are included in each of the economic
        the insurance sector, has concluded. Atilla Benli, General Man-  packages in 2021 is an indication that the sector is working in
        ager of Insurance of Turkey, renewed his confidence as Presi-  harmony with each wheel of the economy. I hope that 2022 will
        dent for the third time in the election, which he entered as the   be the year of BES and Insurance”.
        only candidate.
                                                             Ersoy, who also provided information about recent studies and
        The Ordinary General Assembly Meeting of the Insurance Asso-  recent  plans,  continued  his  words  as  follows:  “We  have  ex-
        ciation of Turkey (TSB), which was held on April 1, 2022, was   plained the Participation Insurance regulation, which we call
        held at the Sheraton Grand Istanbul Ataşehir. After the opening   the Turkish model, to 25 companies with the insurance author-
        speeches of TSB President Atilla Benli, SEDDK Vice President   ities in the United Arab Emirates, Qatar and other Arab coun-
        Ali Ersoy and T.R. Deputy Minister of Treasury and Finance   tries. After all, they came to our country with us to invest. We
        Murat Zaman, Atilla Benli, General Manager of Insurance of   care about this very much. We are conducting contacts of how
        Turkey, was elected President for the third time in a vote held   Private Health Insurance can be made in 2022 at less cost.
        with the participation of union members. Benli, President of   We are in contact with our sector representatives again about
        the  Insurance  Association  of  Turkey,  expressed  his  feelings   KVKK. In line with the 2030 and 2053 targets, we must take
        about the election result with the following words: “I am hon-  action to control the issues that harm the environment, for zero
        ored that the position of the President of the Turkish Insurance   carbon emissions. There is a need for a legal regulation on Dig-
        Association, the roofing organization of our industry, has been   ital Policy. A very good report has appeared on Direct Editing,
        re-awarded to me by our members. With this important respon-  we can do this job voluntarily and by putting a category. Then
        sibility, we will properly implement all the development and   we should implement a person-based insurance application.”
        growth projects we have planned for our sector and continue to
        provide added value to our country’s economy.”       Murat Zaman, Deputy Minister of Treasury and Finance, stated
                                                             that the insurance and private pension sector provides a very
        Chairman Benli, who shared current information in the opening   important support and element of trust for the sustainability of
        speech of the General Assembly, pointed out that the insurance   life and the economy and acts as a protection shield. The Deputy
        sector of Turkey is one of the driving forces of the economy with   Minister Zaman, who said that they are happy to follow the de-
        the capacity to create funds of 361 billion TL. Benli said: “We   velopments in the sector, made the following statements: “Our
        continue to work together with our 67 members and all our   insurance sector, which allows our nation to look at the future
        stakeholders, including 42 non-life, 6 life, 15 life pension and 4   more confidently, has a key function in ensuring that business
        reinsurance, acting in accordance with TSB’s existential goals;   life continues uninterrupted and that new investments can be
        to develop our products in favor of the insured, expand their use   realized. By directing the funds accumulated in the economy to
        and increase our contribution to the national economy by grow-  money and capital markets, it contributes to the development of
        ing our sector. Our industry is growing both on the insurance   financial markets, growth of the economy and increase in em-
        and pension side. When we look at the compound annual growth   ployment in our country. Our insurance sector is the assurance
        rate between 2012-2021, we achieved 20 percent growth on   of the giant projects that our country has implemented with the
        the insurance side and 32 percent on the private pension side.   aim of becoming one of the ‘10 most developed economies in
        By the end of 2021, our premium production is 105 billion; Our   the world’. We will continue to provide the necessary support
        fund size in BES exceeded TL 244 billion.”           to the industry.”
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