Business Moves: Gallagher Acquires Turkish Re/Insurance Broker Aspera May 7, 2025 Gallagher announced it has acquired Turkey-based Aspera Sigorta ve Reasürans Brokerliği A.Ş. (Aspera). Terms of the transaction were not disclosed....
Generali Agrees to Sell 99.99% Stake in Turkish Unit September 18, 2024 Generali has reached an agreement to sell its 99.99% stake in its Turkish business, Generali Sigorta A.Ş., in a deal...
Earthquake Update: More Than 20,000 Dead Across Turkey, Syria; Rescue Efforts Intensify February 9, 2023 By Bloomberg News Thousands of foreign aid workers have arrived in Turkey and the first UN aid convoy has entered Syria after this...
Earthquakes Deliver Another Blow to Turkey’s Re/Insurance Industry: Reports February 8, 2023 By L.S. Howard Two powerful earthquakes, which hit southeastern Turkey on Feb. 6, 2023, deliver another blow to the local re/insurance industry, according...
Quake Latest: Turkey Declares Emergency Rule; Death Toll Rises Across Turkey, Syria February 8, 2023 By Bloomberg News Turkey declared a three-month state of emergency in areas struck by two massive earthquakes earlier this week, allowing the government...
Turkish Insurers Seek Bond Issue to Protect Capital From Soaring Inflation June 30, 2022 By Birsen Altayli and Zeynep Berkem Turkey’s insurance association is in talks with the country’s Treasury on a potential inflation-indexed bond issue, the group’s head told...
Chubb to Buy Some of Cigna’s Asia-Pacific Businesses for $5.8 Billion October 8, 2021 U.S. insurer Chubb Ltd has agreed to buy health insurer Cigna Corp’s life, accident, and supplemental benefits businesses in Asia...
Arthur J. Gallagher & Co. Acquires Majority Stake in Turkish Specialty Broker August 12, 2021 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has purchased a majority stake in Turkish specialty...
BMS Launches Operations in Turkey, Hires Executive Team May 27, 2021 BMS, the London-based independent specialist insurance and reinsurance broker, announced it has launched operations in Turkey. Called BMS Sigorta ve...
Talanx Acquires P/C Insurer in Turkey from Munich Re Subsidiary May 2, 2019 The German insurer Talanx has acquired the property/casualty insurer ERGO Sigorta A.S. from a Munich Re subsidiary. Financial details of...