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BackStatement from TSB about 'disinformation sharing regarding the insurance sector and BES'
Statement from TSB about 'disinformation sharing regarding the insurance sector and BES'
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Milliyet Son Dakika53 minutes agoBusiness1 min readTürkiyeView original

Statement from TSB about 'disinformation sharing regarding the insurance sector and BES'

Ahmet Yaşar, President of the Insurance Association of Türkiye (TSB), made a statement against the disinformation spread among the public about the insurance sector and the Private Pension System (BES).

Quick Look

TSB President Ahmet Yaşar denied the unfounded claims that insurance companies were bankrupt and stated that such disinformation aims to damage the citizens' trust in the BES and insurance system.

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Why It Matters

Recently, public bankruptcy claims and disinformation about the insurance sector and BES have come to the fore.

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TSB President Ahmet Yaşar, whose views were included in the statement made by TSB, stated that they have been closely following the statements and posts that have caused disinformation in the public about the insurance sector and the Private Pension System (BES) in recent days.

Yaşar stated that it is important that the developments regarding the shareholders of some insurance companies should not be directly identified with the financial structures, insurance activities and liabilities of the companies in question and their obligations towards their policyholders, adding: "Each of these issues should be evaluated within the framework of the relevant legislation and the supervision and control of the regulatory authority. Moreover, we cannot accept attempts to undermine the trust of our citizens with unfounded claims that three insurance companies went bankrupt due to flood damage." made his assessment.

Explaining that the distortion of the decisions taken by the regulatory and supervisory authority with interpretations that exceed their purpose and the making of incomplete, misleading or unfounded evaluations based on individual developments not only misleads the public but also directly targets the trust of citizens in insurance and BES, Yaşar emphasized that BES is a reliable system that carries the savings of millions of citizens into the future with its strong surveillance and control mechanisms and contributes to the long-term savings of the country.

Noting that they have been emphasizing the importance of insurance assurance against increasing risks for a long time and the need to strengthen economic resilience, Yaşar said, "Four Elements. One Assurance" during Insurance Week. He stated that the vitality of the awareness they tried to raise with their approach was once again painfully revealed by the flood disaster.

"WHAT IS NEEDED TODAY IS TO STRENGTHEN TRUST, NOT TO DAMAGE IT"

Yaşar expressed his best wishes to all citizens affected by floods and floods and said, "Our insurance sector is on the field with its agents, experts and all stakeholders. Our priority is to quickly detect the damages and cover the damages within the scope of the policy as soon as possible. This being the case, trying to shake the trust of our citizens in insurance and BES with unfounded and unfounded claims harms not only our sector but also the economic resilience of our country." he said.

TSB President Ahmet Yaşar said:

Open Questions

  • Will legal action be taken against the sources who spread the allegations?

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This article was originally published by Milliyet Son Dakika.

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