Page 3 - Turkinsurance Digital Magazine

Dear Readers,

For the May issue of Turkinsurance, we have prepared an cational programs and increase employment among younger
issue full of news, articles, analyses and researches to shed generations.
light on Turkish insurance and pension markets.
At the end of the first quarter of 2025, the number of par-
The insurance industry, often regarded as a bulwark of fi- ticipants in BES increased by 8.48% compared to the same
nancial stability and consumer protection, is simultaneously period of the previous year, while the number of participants
under persistent threat from fraudulent activities. Insurance enrolled in the system through OKS rose by 5.52%. In the
fraud—ranging from exaggerated claims to organized crim- same period, the total fund size in BES grew by 53.9%.
inal networks—costs global insurers billions of dollars an-
nually. These losses, in turn, contribute to rising premiums According to data from the Pension Monitoring Center
and erode trust in the system. In response, a technological (E.G.M.) dated March 31, the total number of participants
revolution is reshaping how insurers detect, prevent, and re- in BES increased by 8.48% compared to the same period of
spond to fraud. the previous year, rising by 758,000 to reach 9.692 million
participants by the last quarter of the year. In the same pe-
According to end-of-2024 data, a total of 19,485 people riod, the number of participants enrolled through automatic
are employed in insurance, private pension (BES), and rein- enrollment (OKS) increased by 5.52%, rising by 514,000 to
surance companies in Türkiye. When direct sales personnel a total of 9.825 million.
are also included, total employment in the sector reaches
27,540 people. The sector, where female employees are in Deniz Yurtseven, General Manager of MetLife Emeklilik ve
the majority, shows that 68.8% of the personnel are uni- Hayat, stated: “We have defined our new strategy for 2025
versity graduates, and 10.2% hold postgraduate degrees. and beyond as ‘New Frontier’ and have prepared our roadm-
Considering all education levels, including direct sales per- ap for the upcoming period.”
sonnel, the number of employees who graduated from in-
surance or actuarial science programs is 5,280. The sector Hope to meet with the next issue
continues to support youth employment by launching various
projects, especially to attract young people to related edu- Your sincerely