Economic Volatility Primary Cause for Under-Developed Insurance Sector in Turkey: New Report
The expansion of the Turkish insurance sector in USD terms will be hampered, both in 2015 and through the forecast period as a whole, by the general weakness of the TRY. The general prospects for the non-life segment are favourable. Motor vehicle insurers should benefit from the rise in the number of cars on Turkey ' s roads and from coverage of previously uninsured vehicles. Property insurance should expand thanks to the growth in the number and value of insurable...
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