Page 14 - Turkinsurance Digital Magazine

14 interview

However, while the world and our country are undergoing rapid Turkish insurance market had the opportunity to come together in
changes in many areas such as climate, economy, technology, pro- a different atmosphere, this year as the conditions became favora-
duction, trade, social life, consumption and saving habits, insura- ble all over the world, and we saw that this decision was met with
ble interests and risks related to them differ in type, content and great enthusiasm for our domestic and foreign participants.
size. It would not be wrong to say that the need for reinsurance
will also increase in parallel with this, while the insurance sector The tournament, which lasted for three days and was attended by a
that adapts to the change provides products and services that will total of 64 players from 44 companies, 49 of them from domestic
be shaped according to the needs of the economy. Currently, the and 15 from foreign markets, was watched by almost 200 domes-
Turkish insurance market has sufficient and safe reinsurance cov- tic and foreign spectators.
erage from local and global markets in the face of both major risks
and damage that may result from disasters. It is important that After the semifinal and final matches played on Sunday;
part of the risks are transferred to the global reinsurance markets
in order to balance the burden that the obligations of the coun- Frederick Schöneich (New Re) – Viktor Hodora (Demir Sağlık ve
try’s risks, especially natural disasters, will create on the capital Hayat Sigorta) are the winner, Uğur Biroğlu (Nasco Türkiye) –
of insurance and reinsurance companies and the national econo- Mahmut Bakır (Gulf Sigorta) rank second,
my. It will enable a stronger sector structure and faster growth
while ensuring continuity in the provision of adequate, effective Murat Özgür (Sompo Sigorta) – Serhat Tunçel (Orange Broker-
and cost-effective reinsurance capacity from both local and global lik) and Gerry Raftapoulos (MedNet Int’l) – Aziz Üstünel (Da-
markets in addition to profitability, reserve and capital adequacy, man Health) are semifinalists.
the sector players can continue to show sensitivity in the imple-
mentation of technical, sustainable and risk-appropriate business In the matches held on the third day as a “Surprise Tournament”,;
acceptance and pricing policies.
Erkan Başaran (Marsh Brokerlik) – Mehmet Başar (Oyak Sigor-
The growth and profitability in the sector will develop depend- ta) are the winner,
ing on factors such as the prices and conditions of the guarantees Georges Modol (CCR) – Candoğan Orlu (SGR Brokerlik) rank
subject to reinsurance agreements, the course and growth expec- second.
tations in natural disaster responsibilities in the coming years, re-
insurance capacity and prices will be affected by global factors, On Friday evening, the first day of the tournament, a cocktail pro-
political developments, macroeconomic indicators of the country longe was held at Miltaş Suadiye Sports Facilities, and a dinner
and exchange rate movements. was held at Moda Deniz Club on Saturday evening, hosted by Gal-
lagher Re. The tournament ended with the award and closing cer-
34. The International Insurers Tennis Tournament was held on emony held on Sunday.
May 27-29. Could you give information about the tournament?
We will continue to organize our tournament in the coming years,
The “International Insurers Tennis Tournament”, which has been which has been completed with the intensive participation and in-
held traditionally since 1986 under the auspices of our company, terest of companies operating in domestic and foreign markets.
has been watched with interest both at home and abroad.
How are Milli Re’s corporate social responsibility projects
We had to take a break from our tournament, which has been held progressing? What are your activity plans in this area?
for 33 years until 2019 and is the longest institution event in the
sector, due to the pandemic. We decided to reorganize our tourna- As Milli Re, as an effort to make a positive contribution to the
ment in 2022, where foreign reinsurers and brokers related to the sector and society, we aim to demonstrate our social responsibility