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Data from Turkey’s insurance association shows that local insurers’ total premium income increased 108% year-on-year to nearly 147 billion Turkish lira ($7.9 billion) in the first nine months of the year, Middle East Insurance Review reported citing Insurance Gazette. Total nonlife insurance premium income reached TRY126.4 billion.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms