News Middle East28 Nov 2023

Turkiye:Motor 3rd party liability insurance branch posts record losses in first 9 months

| 28 Nov 2023

Motor insurers in Turkiye announced a combined loss of TRY10.6bn ($367m) in automobile third-party liability insurance ( called traffic insurance) for the first nine months of this year, a jump of 34% year on year, according to data from the Insurance Association of Turkiye (TSB).

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