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2012 Insurance market results

December 24, 2013
Turkey

According to the latest report from the Association of Insurance and Reinsurance Companies (TSB), the insurance industry has generated a total turnover of 11.64 billion USD in 2012, that is an increase of 22.14 % compared to 2011.

The net profit in 2012, however, recorded a deficit of 68.3 million USD compared to 95.4 million USD recorded in 2011.

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