2017 GENERAL ASSEMBLY ANNUAL REPORT

INSURANCE ASSOCIATION OF TURKEY 2017 GENERAL ASSEMBLY ANNUAL REPORT INSURANCE SSOCIATION OF TURKEY 2017 YEAR CONTENTS AT A GLANCE GENERAL ASSEMBLY AGENDA 2 MUSTAFA KEMAL ATATÜRK 3 MESSAGE FROM THE PRESIDENT 4 BOARD OF DIRECTORS AND OTHER ORGANS 8 CHANGES OF MEMBERS AND ACTUAL LIST OF MEMBERS 10 THE FIGURES OF THE INSURANCE AND PRIVATE PENSION INDUSTRY IN 2017 12 ACTIVITIES OF THE ASSOCIATION 14 1. RULES AND REGULATIONS 14 2. OPINIONS PRESENTED TO THE OFFICE OF TREASURY UNDERSECRETARY IN 2017 19 3. OPINIONS PRESENTED TO OTHER PUBLIC BODIES 23 4. JOINT WORKS WITH PUBLIC INSTITUTIONS AND BODIES 24 5. KHEALTH INSURANCE WORKS PERFORMED UNDER THE LAW RELATED TO THE PROTECTION OF PERSONAL DATA 31 6. WORKS PERFORMED IN RELATION WITH THE INSURED TERROR VICTIMS IN SOUTH EAST ANATOLIAN REGION OF TURKEY 32 7. ISSUANCE OF THE FIRE AND NATURAL DISASTER POLICIES USING NAD (NATIONAL ADDRESS DATABASE) INFORMATION 32 8. TRAFFIC INSURANCE REFERENCE SCORING PROJECT 32 9. COMPLEMENTARY HEALTH INSURANCE (CHI) 33 10. REVISION WORKS RELATED TO THE GENERAL CONDITIONS OF MACHINERY BREAKDOWN AND RELATED CLAUSE 33 11. INVESTIGATION OF THE COMPETITION BOARD 33 12. ORIENTATION TRAININGS RELATED TO THE COMPETITION LAW 33 13. ACTION PLAN RELATED TO THE SOLUTION OF THE PROBLEMS FACED IN TRAFFIC INSURANCE 34 14. ACTION PLAN AIMING THE REDUCTION OF TRAFFIC ACCIDENTS 36 15. REVISION OF THE GENERAL CONDITIONS OF COMPULSORY FINANCIAL LIABILITY INSURANCE FOR ON-ROAD MOTOR VEHICLES 36 16. LEGISLATION SIMPLIFICATION FOR THE COMPULSORY TRAFFIC LIABILITY INSURANCE FOR ON-ROAD MOTOR VEHICLES 36 17. WORKING GROUP FOR THE POOL OF RISKY POLICY HOLDERS 36 18. OWN DAMAGE VALUE LIST FOR ON-ROAD MOTOR VEHICLES 37 19. REVISION OF THE GENERAL CONDITIONS OF LEGAL PROTECTION INSURANCE 37 20. TARIFF CHANGE FOR THE COMPULSORY FINANCIAL LIABILITY INSURANCE FOR MEDICAL MALPRACTICE 37 21. REVISION OF THE RECOURSE PROTOCOL 37 22. REVISION OF THE GENERAL CONDITIONS FOR FREIGHT INSURANCE 37 23. PREPARATION OF THE GENERAL CONDITIONS FOR CARRIERS’ FINANCIAL LIABILITY INSURANCE 37 24. WORKING GROUP FOR DATA RECONCILIATION 37 25. SEARCH REPORT RELATED TO THE AUTO-ENROLLMENT FOR THE INDIVIDUAL PENSION SYSTEM 38 26. PROJECT FOR UPDATING THE NATIONAL MORTALITY TABLES 39 27. UPDATING WORKS FOR THE GENERAL CONDITIONS OF LIFE INSURANCE 39 28. WORKING GROUP FOR THE CLAIMS PROCESS 39 29. POSITION CERTIFICATE OF LIFE INSURANCE INSPECTION AND RESEARCH COMMITTEE 40 30. YORK ANVERS RULES 40 31. STRATEGY COMMITTEES 40 32. WORKS PERFORMED IN COORDINATION WITH THE EXPERTISE COMMITTEES ACTING UNDER THE ELEVENTH DEVELOPMENT PLAN (2019-2023) DECLARED BY THE MINISTRY OF DEVELOPMENT 40 33. DISTRIBUTION CHANNELS COMMITTEE 40 34. ANALYSIS OF BUSINESS EVALUATION PROCESSES 40 35. EXECUTIVE SUMMARIES 41 36. GENERATION OF INDUSTRIAL STATISTICS 41 37. FINANCIAL ARRANGEMENTS 41 38. COMMUNICATIONS ACTIVITIES 42 39. THE PUBLICATIONS AND ANNOUNCEMENTS OF THE ASSOCIATION AND PRESENTATION ACTIVITIES 60 40. COMMITTEES OF THE ASSOCIATION 62 41. ASSURANCE ACCOUNT 63 42. INSURANCE INFORMATION AND MONITORING CENTER (SBM) 69 43. INSURANCE ARBITRATION COMMISSION (STK) 72 44. TURKEY MOTOR INSURANCE BUREAU (TMTB) 73 45. TURKEY INSURANCE INSTITUTE FUND (TSEV) 74 46. INSURANCE TRAINING CENTER (SEGEM) 77 FINANCIAL STATEMENTS 79 BALANCE SHEET AS OF 31.12.2017 79 INCOME STATEMENT 01.01.2017-31.12.2017 80 COMPARISON OF THE INCURRED COSTS IN 2016 AND 2017 81 PROGRAMMED AND ACTUAL INCOMES/COSTS 82 REPORT OF THE SUPERVISORY BOARD 83 2018 YEAR BUDGET 84 REPORT OF THE SUPERVISORY BOARD 84 2018 YEAR CASH FLOW TABLE 85 2017-2018 YEARS BUDGET INCOME/COST COMPARISON 86 2018 BUDGET NOTES 87 1. 2018 YEAR ECONOMIC INDICATORS 87 2. NOTES ON BUDGET ITEMS 87 COST PARTICIPATION SHARES OF NON-LIFE AND REINSURANCE COMPANIES BY 31.12.2017 CALCULATED BASED ON THE DIRECT PREMIUM REVENUES 89 CALCULATION OF THE COST PARTICIPATION SHARES PAYABLE BY NON-LIFE AND REINSURANCE COMPANIES IN 2018 90 COST PARTICIPATION SHARES OF LIFE AND PENSION COMPANIES BY 31.12.2017 CALCULATED BASED ON THE DIRECT PREMIUM INCOMES AND CONTRIBUTION SHARES 91 CALCULATING THE COST PARTICIPATION SHARES PAYABLE BY THE LIFE AND PENSION COMPANIES IN 2018 92 COST PARTICIPATION SHARES OF LIFE AND PENSION COMPANIES AS OF 31.12.2017 CALCULATED BASED ON THE PROJECT COSTS 93 CALCULATION OF THE COST PARTICIPATION SHARE PAYABLE BY THE LIFE AND PENSION COMPANIES IN 2018 BASED ON THE PROJECT COSTS 94 CONTACT

RkJQdWJsaXNoZXIy MTc5NjU0