Turkish insurance sector to see short-term rise in GWP

Following Covid-19, the Turkish insurance market is expected be larger than previously anticipated in 2020, according to GlobalData. Product diversification and digitalisation following Covid-19 are expected to lead to the Turkish insurance industry seeing a short-term rise in gross written premium (GWP). GlobalData said its revised forecasts estimate total GWP will be TRY68.96bn in 2020, compared to TRY66.07bn previously. However,…

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