Türkiye Insurance Association Denies Bankruptcy Claims Against Three Insurers After Istanbul Floods
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Türkiye Insurance Association Denies Bankruptcy Claims Against Three Insurers After Istanbul Floods
The Insurance Association of Türkiye (TSB) has dismissed social media claims that three insurance companies went bankrupt following the recent floods in Istanbul, describing the allegations as false and misleading. In a statement issued on October 17, the association said Türkiye’s insurance sector continued to meet its obligations to policyholders, supported by its institutional strength, …
The Turkish Insurance Association denied claims that three insurance companies had gone bankrupt following the floods in Istanbul. The Association stated that the sector continues to fulfill its obligations and will take necessary action against misleading claims.
The Turkish Insurance Association announced that claims circulating on social media that three insurance companies had gone bankrupt following the floods in Istanbul were untrue. The statement urged people not to believe these baseless claims and emphasized that the insurance sector continues to fulfill its obligations.
The Turkish Insurance Association has stated that claims that three insurance companies went bankrupt following the floods in Istanbul are unfounded. The association declared that the sector is strong, that damage and compensation processes are underway, and that it will take action against false claims.
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