Turkic World Insurance Union Established
Turkic World Insurance Union Established
A high-level meeting was held in Istanbul within the framework of the International Insurance Summit of Türkiye. During the event, at a ceremonial signing, the Turkic World Insurance Union (TWIU) was established, bringing together the insurance associations of Turkic states.
The members of the Turkic World Insurance Union became the insurance associations of Azerbaijan, Kazakhstan, Kyrgyzstan, Türkiye and Uzbekistan.
Speaking at the event, President of the Insurance Association of Türkiye Atilla Benli emphasized that creating a joint insurance organization is of great importance for strengthening solidarity and cooperation between our countries in the field of insurance.
A. Benli also noted the importance of this initiative not only in the context of developing various areas of cooperation within the Organization of Turkic States, but also in terms of creating favorable conditions for the development of insurance services and insurance policy.
In turn, the leaders of the insurance associations of the participating countries expressed their gratitude for the warm welcome and confidence that cooperation within the Union will bring positive results and contribute to the success of the Turkic states.
It should be noted that the idea of creating the Turkic World Insurance Union was realized as a result of a mutual agreement and a joint initiative of the Insurance Association of Azerbaijan and the Insurance Association of Türkiye.