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The purpose of the Turkish Insurance Law is to ensure the development of insurance business in Turkey, to protect the rights and interests of the persons included in the insurance contract, and to ensure that the insurance sector operates in a safe and stable environment, the persons and organizations subject to this Law, is to regulate the principles and procedures related to the insurance arbitration system for the settlement of disputes arising from the insurance contract and the issues related to the termination and supervision of its activities and the management, working principles and procedures.
Insurance companies operating in Turkey, reinsurance companies, the Insurance and Reinsurance Companies of Turkey, brokers, actuaries and insurance adjusters are subject to the provisions of this Act.
Social security institutions, and other organizations in the insurance business according to special laws, except for the provisions of this Act related to the Export Credit Bank of Turkey by Joint Stock Company audit is not covered by this Act.
This content is available in Turkish only.
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