Page 3 - Turkinsurance Digital Magazine

Dear Readers,

For the July issue of Turkinsurance, we have prepared an The report highlights that demand for insurance will con-
issue full of news, articles, analyses and researches to shed tinue to grow due to structural factors, despite ongoing un-
light on Turkish insurance and pension markets. certainty in the global economy. According to Allianz Re-
search, the global insurance industry is expected to grow
Geopolitical tensions, economic losses caused by the climate at an average annual rate of 5.3% over the next decade,
crisis, rising healthcare expenditure, and accelerating de- continuing to outperform overall economic growth.
mographic transformation are placing the global insurance
industry in a more strategic position than ever before. The In the second quarter of 2026, the number of participants
Allianz Global Insurance Report 2026, published by Allianz, in BES reached 10.304 million, while the number of em-
one of the world’s leading insurance companies, reveals that ployees enrolled in OKS stood at 10.214 million. During the
the insurance industry is becoming one of the key mecha- same period, the OKS fund size increased by 46.29%.
nisms supporting the resilience of the global economy, not
only through its economic scale but also through its broader According to the consolidated balance sheet and income
strategic role. statements for the end of March 2026 released by the Insur-
ance Association of Türkiye (TSB), the industry’s technical
According to the report prepared by Allianz Research, the profit in the non-life segment amounted to TRY 34.427 bil-
global insurance industry grew by 7.1% in 2025, reaching a lion. The industry posted a technical profit of TRY 12.0004
total premium volume of €6.9 trillion. This means that €456 billion in the life segment and TRY 910.6 million in the
billion in new premiums was added to the industry in just one pension segment. The industry’s total profit stood at TRY
year. Although the growth rate remained below the excep- 47.73805 billion.
tional 9.4% recorded in 2024, it was still above the average
growth rate of the past decade, indicating that demand for Hope to meet with the next issue
insurance remained strong.
Your sincerely