Reinsurers

Reinsurance is the process by which a risk insured by an insurance company is transferred to another insurance company through reinsurance. This procedure is carried out by giving the other insurance company, the contribution premiums (donations) that members have paid within the scope of a contract.

Insurance legislation requires insurance companies to enter into reinsurance contracts in order to transfer their risks above a specific threshold. The following is a list of the retakaful and reinsurance companies (Reinsurers) that were chosen from among the businesses whose technical and financial proficiency was assessed by the Turkish Ministry of Treasury and Finance and with which an agreement was reached with the Advisory Committee’s approval.