Insurance and Private Pension Regulation and Supervision Agency of Türkiye updates minimum capital requirements for brokers and agents and revises loss adjuster base fees from 1 January 2026

The Insurance and Private Pension Regulation and Supervision Agency of Türkiye has published updated minimum paid-in capital amounts for insurance and reinsurance brokers and for insurance agents, and updated the base fee tariff for insurance loss adjusters, with the revised levels applied from 1 January 2026. Broker capital thresholds were recalculated under the Insurance and Reinsurance Brokers Regulation using the Turkish Statistical Institute’s annual domestic producer price index increase rate of 27.67%, setting a minimum paid-in capital of TRY 4,102,037.10, plus TRY 820,407.42 for each additional life or non-life licence request, TRY 1,640,814.84 for a reinsurance licence request, and TRY 410,203.71 for each non-head office unit. Agent capital thresholds were updated under the Insurance Agents Regulation using the same 27.67% producer price index increase rate, setting a minimum paid-in capital of TRY 4,149,275.00, and TRY 5,106,800.00 for agents seeking to sell only via distance channels without opening a branch or for the head office of agencies that will establish branches, with a further TRY 414,927.50 required per branch. The loss adjuster base fee tariff was updated under the Insurance Loss Adjusters Appointment Regulation based on the Turkish Statistical Institute’s consumer price index change over the last six months of 2025, with the revised tariff provided in an annex. A board decision also provides that these capital amounts and fee tariffs, including future updates made under the relevant legislation, will be published on the agency’s website.