MILLI REASURANS ANNUAL REPORT 2018
Milli Re Annual Report 2018 General Information / 7 1963 1970 1982 1991 The management of “Turkish Reinsurance Pool”, established to write international business was handed over to Milli Re in accordance with the agreement signed with Turkish insurance companies. The management of the system known as “Decree Pool”, established according to Decree no. 17 set out by the Ministry of Finance on the Protection of the Value of Turkish Currency was handed over to Milli Re. “Türk Sigorta Enstitüsü Vakfı” (Turkish Insurance Institute Foundation) was established by Milli Re and the Association of the Insurance and Reinsurance Companies of Turkey. Compulsory reinsurance cessions to Milli Re on Quota Share basis were changed to Surplus basis. Milli Re began to offer conventional reinsurance capacity through reinsurance treaties apart from “Compulsory Cessions” and “Decree Pool”. First issue of “Reasürör” magazine was published. The magazine is a reference source with full academic content on re/insurance, including compilations, translations, interviews, and statistical data on various lines. 1967 1974 1986 1993 The management of “RCD Fire Reinsurance Pool”, established under the agreement of “Cooperation for Regional Development” between Turkey, Iran and Pakistan, was handed over to Milli Re. The management of “FAIR Reinsurance Pool” established by the Federation of Afro-Asian Insurers & Reinsurers (FAIR) was handed over to Milli Re. MİLTAŞ Sports Complex, which hosts the traditional “International Insurers Tennis Tournament” organization was built by Milli Re and was brought into the service of the market. Milli Re moved from its head office in Istanbul Sirkeci to its new office building constructed in Teşvikiye.
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