TUR SEDDK Insurer Capital Adequacy


On Aug. 6, TUR SEDDK amended regulation on assessment.


  • TUR SEDDK amended Regulation on measurement and evaluation of capital adequacy of insurance, reinsurance and pension companies, of gazette 29454, Aug. 23, 2015.
  • Amendments
  • Lines (f) and (j) of second paragraph of Article 8; lines (n) and (o) repealed.
  • Article 8 relates to the equity capital required according to the second method.
  • Effectiveness
  • Regulation enters into force on Dec. 31, 2024.
  • In Aug. 2024, TUR SEDDK updated insurance branch minimum capital, see #223900.

Regulators TUR SEDDK
Entity Types Ins; Pension
Reference OG 32624, 8/6/2024; OG 29454, 8/23/2015
Functions Compliance; Financial; Reinsurance; Reporting; Risk; Treasury
Countries Turkey
Category
State
Products Equity; Insurance; Insurance-Casualty; Insurance-Health; Insurance-Life; Insurance-Property; Pensions
Regions EMEA
Rule Type Final
Rule Date 8/6/2024
Effective Date 12/31/2024
Rule Id 222101
Linked to N/A
Reg. Last Update 8/6/2024
Report Section International

Last substantive update on 08/09/2024