News Middle East08 Jan 2026

Turkiye:Property-CAT rates drop by 15% as market softens at 1 Jan renewals

| 08 Jan 2026

The 1 January property-CAT reinsurance renewal season in Turkiye exhibited trends similar to those observed in Continental European renewals, with risk-adjusted decreases of 15% on average, and a significant oversubscription of capacity, particularly in top layers, said Gallagher Re.

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