Insights Insurance & Reinsurance

Insurance Litigation 2023 - Part 3

The insurer’s succession is successio singularis and the insurer shall have the right to recourse in case of indemnity payments because of third parties’ illegal intervention.

Durukan Law Firm

Insurance Litigation 2023 - Part 2

There are various arbitral provisions in legislation and practice in Türkiye. The most fundamental rules are regulated between Articles 407 and 444 of the CPC, which constitutes the national arbitration system

Durukan Law Firm

Insurance Litigation 2023 - Part 1

Türkiye adopts a continental law system and legislates many of its primary laws in lieu of Swiss law. Therefore, the main piece of legislation is the codified law.

Durukan Law Firm

Technology Disruption in the Insurance Industry

Technological advancements, known as FinTech and InsurTech, have transformed the financial and insurance industries, offering increased efficiency, reduced costs, and improved customer experiences. Key technologies driving this disruption include AI, IoT, and blockchain. InsurTech has attracted significant investments and enables personalized services and enhanced data analysis. Digital technologies have revolutionized sales, distribution, and customer relationship management, leading to improved efficiency and customer satisfaction. However, challenges such as data privacy, cybersecurity, and ethical concerns must be addressed. Insurers must embrace digitalization to stay competitive and adapt to changing customer expectations.


Cyber Insurance

Cyber insurance is a type of insurance policy that provides coverage for losses resulting from cyber attacks, data breaches and other related incidents. This insurance protects organizations and individuals from financial losses incurred due to damage to or theft of sensitive information, including personal data, financial information and intellectual property.


İklim Değişikliğinin Sigorta Sektörü Üzerindeki Etkisi

Bilimsel bir teori olarak başlayıp çevre politikalarının ve uluslararası müzakerelerin konusu haline gelen iklim değişikliği, Dünya'nın ikliminde meydana gelen uzun vadeli değişiklikleri ifade etmektedir.


The Impact of Climate Change on the Insurance Industry

Climate change, that started as a scientific theory and became the the subject of environmental policy and international negotiation refers to the long-term changes in the Earth's climate. Climate change poses some major economic risks due to changing weather patterns, extreme weather events, and rising sea levels. According to the Intergovernmental Panel on Climate Change (IPCC), in addition to mitigation efforts, taking steps to adapt to the effects of climate change is also necessary and can greatly reduce negative impacts.

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