The Insurance and Private Pension Regulation and Supervision Agency of Türkiye’s Board, under its 15 April 2026 Decision No. 1693, decided to remove Magdeburger Sigorta AŞ’s authority to enter into new insurance contracts and renewals in all branches with effect from 16 April 2026.
Insurance and Private Pension Regulation and Supervision Agency of Türkiye 2026-04-15
Insurance and Private Pension Regulation and Supervision Agency of Türkiye withdraws Magdeburger Sigorta’s authority to write and renew insurance across all branches
The Insurance and Private Pension Regulation and Supervision Agency of Türkiye has revoked Magdeburger Sigorta AŞ’s authority to enter into new insurance contracts and renewals in all branches. The decision, adopted by Board Decision No. 1693 on 15 April 2026, takes effect from 16 April 2026.