The Insurance and Private Pension Regulation and Supervision Agency of Türkiye reported insurance sector capital adequacy above 200% and disclosed comprehensive inspections of two companies following supervisory screenings linked to capital market developments since September 2026. Excluding those companies, risks associated with these developments were below 0.01% of total sector assets. Insurance sector results for the third quarter of 2026 showed premium production exceeding TRY 1.1 trillion and total assets above TRY 4.7 trillion. Equity reached TRY 600 billion, with return on equity around 40%. The capital adequacy level reflected measures under the agency’s financial resilience and market discipline program, implemented over the past three years. Restrictions preventing risky financial institutions from entering the sector also helped limit risks linked to capital market developments. The private pension system continued to expand, reaching 18.3 million participants and a portfolio exceeding TRY 2.5 trillion at the end of October 2026. The system benefits from a 20% state contribution.
Türkiye’s Insurance and Private Pension Regulation and Supervision Agency reports capital adequacy above 200% and inspections of two firms
The Insurance and Private Pension Regulation and Supervision Agency of Türkiye reported capital adequacy exceeding 200% and comprehensive inspections of two companies following screenings related to capital market developments since September 2026. Excluding those firms, associated risks were below 0.01% of sector assets, while insurance premiums exceeded TRY 1.1 trillion in the third quarter. Private pension participation reached 18.3 million, with portfolios above TRY 2.5 trillion at the end of October 2026.