Insurance Post

Turkish market still overly reliant on underperforming motor says Fitch

Turkey map

The Turkish insurance sector's profitability remains driven by the performance of the motor insurance segment, according to a new report by Fitch.

In the first half of 2015, the non-life insurance sector in Turkey made a net loss of TL216m (£45.8m) compared with a net profit of TL338m in the first half of 2014.

The ratings agency said recent

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