1 / 11

FIAR 2013 The International Insurance –Reinsurance Forum 21 May, 2013

FIAR 2013 The International Insurance –Reinsurance Forum 21 May, 2013. Reinsurance Market Workshop Menekşe Uçaroğlu IUC. IUC. Content Presentation of IUC Turkish Market 2013 Renewal ‘ How Much protection Is Available and How Much of It Is Bought ’. IUC.

kali
Download Presentation

FIAR 2013 The International Insurance –Reinsurance Forum 21 May, 2013

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. FIAR 2013 The International Insurance –Reinsurance Forum 21 May, 2013 Reinsurance Market Workshop Menekşe Uçaroğlu IUC IUC

  2. Content Presentation of IUC Turkish Market 2013 Renewal ‘ How Muchprotection Is Availableand How Much of It Is Bought’ IUC

  3. IUC is a managementandConsultancy Services Groupwhichoperates in area of insurancebusinessand is establishedtoaddquantifiablevalueto • Reinsurance • Claims • Product • Training Processes of Insurance Business • Wepresentourservicesvia4differentbrandandcompanyorganisations • IUC is based in Istanbul, Turkeyand has a representative office in Bakü, Azerbaijan. IUC

  4. IUC Insurance & Reinsurance Broking • Management Consulting • Actuarial Consulting • Cost Containment • Services for Insurance • Industry • Marine&Aviation Loss • Adjusting Services • International Recovery • Services • Fire & Water Damage, • Restoration Sevices • Dental Health Plan • General Health Plan • Eye & Ear Plan • Drug Plan • Consumer Plan • Psychological • Consultancy Service • Dietician Consultancy • Service • Reinsurance Broking • Insurance Broking • Special Risks U/W • Technical Trainings • Events Organization • International CII • Trainings IUC

  5. Turkish Market 2013 Renewal ‘ How Muchprotection Is Availableand How Much of It Is Bought’ IUC

  6. Renewal of 2012 wasdifficultespeciallyfor CAT XL dueto Natural Catastrophes in AsiaandWorlwideEconomicalCrisis • 2013 renewalwasmuchmoresmoothbecause 2012 was a quiteyear in terms of catastrophesand in additiontothattherewas 10% increase in suppliedreinsurancecapacity. • Somedifficultiesfacedfortherenewal of ProportionalTreaties but companieswereabletofinalizetheirrenewals. IUC Source : Reasürans Magazine Edition: 88 Milli Re Publication

  7. Turkish Market Reinsurance Scheme Proportional Vs Catastrophic XL Renewal 2013 IUC Source : Reasürans Magazine Edition: 88 Milli Re Publication

  8. Turkısh Market Catastrophic XL Renewal 2013 IUC Source : Reasürans Magazine Edition: 88 Milli Re Publication

  9. Total Market EarthquakeEvent Limit is 4,7billion Euro • Total Market Cat XL Cover 4,5 Billion Euro • Total Coverfor E/Q is morethan 9 Billion Euro, TCIP and Milli Re reinsuranceprotectionsare not included IUC Source : Reasürans Magazine Edition: 88 Milli Re Publication

  10. Toconcludewe can say thatTurkish Market is stilldependent on ProportionalTreatiesandpoortechnicalresultsare an obstacletofindcapacityeachandeveryyear. • As an outcomemarketsneedsthe service of brokersmoreandmoreeachyear • Forproportionaltreatiesincrease in theshareplacedbybrokersfrom 10% to18% IUC Source : Reasürans Magazine Edition: 88 Milli Re Publication

  11. THANK YOU IUC

More Related