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Turkish general insurance market's 2013 profit hit $357 million: Fitch

April 24, 2014 - 6:11am


Turkey's general insurance market earned a profit of 768 million Turkish liras ($357 million) in 2013, "after four years of poor results," Fitch Ratings Inc. said in a report. Fitch said the country's insurance sector is growing strongly, Today's Zaman reported. "

Strong premium growth has been buoyed by strong growth in credit," the report said.

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