Peter Hecht-Hansen has been appointed CEO of Nordics, Russia & Turkey at Allianz Global Corporate & Specialty, subject to regulatory approval.
Concern over cybercrime exposure is rising among SMEs but the rate is still low, with just 8% of firms worried about such attacks and 17% thinking they're too insignificant to be targeted.
Spanish insurer Mapfre has posted a 46% increase in insurance premium revenue across Europe for the first nine months of 2015.
There is currently a lot of hype about the so-called CIVETS - Columbia, Indonesia, Vietnam, Egypt, Turkey and South Africa. These are countries with young populations and plenty of economic potential, so should these be the hunting grounds for European...
The Turkish insurance sector's profitability remains driven by the performance of the motor insurance segment, according to a new report by Fitch.
At least 278 people have been killed after an explosion at a coal mine in the Turkish town of Soma in the Western province of Manisa.
The Turkish general insurance market made a profit of $357m (€260m) in 2013 after four years of poor results.
Guy Carpenter & Company has appointed Okan Utkueri as managing director and head of the broker’s Turkish operations as it seeks to expand its presence in the region.
Aviva has sold its Turkish general insurance business Aviva Sigorta A.Ş, to a private equity consortium led by EMF Capital Partners.
Andrew Kemp, regional director, EMEA for freight transport insurance provider TT Club looks at the growing economy of Turkey, its growing trade potential and the ramifications for freight transport operators.
Most countries in Central and Eastern Europe are experiencing a slowdown in GDP growth, rising insolvency rates and high unemployment due to the economic crisis in the Eurozone, according to the latest Panorama report from credit insurer, Coface.
For the first half, Axa has reported property & casualty revenues were up 2% to €16.5bn, mainly driven by an overall positive price effect of 3% on average. Overall total revenues were up 4% to €50bn across the group.
The on-going unrest in Turkey is leading businesses to consider their insurance options, but selecting the right kind of cover is crucial, according to Andrew van den Born, executive director in Willis’ political and trade credit risks division.
Turkey offers potential as an emerging insurance market but has it lived up to its billing? Evrim Koksal Arkut, Chris Halliday and Andy Staudt explain.
Besso Insurance Group has agreed a deal to acquire Istanbul-based insurance and reinsurance broker HSB Sigorta ve Reasurans Brokerligi.
Turkish protestors clashed with riot policies in the early hours of Monday morning, as the fiercest anti-government demonstrations in years entered their fourth day.
As Turkey is facing a wave of government protests, Britons have been warned against all but essential travel to some parts.
The London P&I Club’s result for the 2012/2013 financial year was a surplus across all classes of $9.4m, increasing the free reserve to $154m.
A crash involving two hot air balloons in Turkey on Monday left two dead and 23 injured.
The top five stories from www.insuranceinsight.com over the past seven days,
Spain’s Mapfre increased its first quarter revenues by 1.6% to reach €6,942m, driven mainly by the international business.
The Turkish Catastrophe Insurance Pool has gone to the capital markets to gain protection for earthquake risk in the Istanbul region.
There is huge potential for (re)insurance growth in Turkey, according to Namik Gulsun, executive director, EMENA at facultative and wholesale broker, Faber Global.
The top five stories from www.insuranceinsight.com over the past seven days.