The Insurance and Private Pension Regulation and Supervision Agency of Türkiye decided, via Board decision No. 1693, to remove Magdeburger Sigorta AŞ’s authority to enter into new insurance contracts and renew existing contracts in all lines of business, effective 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 AŞ’s authority to write new and renewal business 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 renew existing contracts in all lines of business. The measure, adopted via Board decision No. 1693, takes effect on 16 April 2026.