Target for COP31 and Compulsory Disaster Insurance from the Insurance Association of Turkey

The management of the Insurance Association of Turkey announced at a press meeting that they aim to showcase the Compulsory Disaster Insurance at the COP31 Climate Conference to be held in Antalya and for the bill to pass through Parliament by that time.

COP31 and CDI Targets

Insurers want to introduce Compulsory Disaster Insurance at the Climate Conference to be held in Antalya.

It is pointed out that the CDI bill, which is currently pending on the agenda of Parliament, needs to be finalized by COP31.

Board of Directors Meeting

The Management of the Insurance Association of Turkey shared their COP31 targets with the public at a meeting held with members of the press.

TSB President Ahmet Yaşar, vice presidents, and board members attended the meeting.

International Risk Sharing

Ahmet Yaşar stated that COP31 offers an opportunity to demonstrate Turkey's expertise in the field of risk management to the world.

Experiences gained from public-private risk-sharing models such as DASK and TARSİM will be conveyed.

Secondary Risks and Scope

It was stated that secondary risks such as floods and wildfires have surpassed earthquakes both in Turkey and globally.

The new disaster insurance is planned to cover all risks including floods, landslides, and wildfires.

Parliamentary Process and Support

It was emphasized that with the reopening of Parliament, CDI needs to be brought to the agenda urgently.

The support of Vice President Cevdet Yılmaz and Speaker of Parliament Numan Kurtulmuş is needed in this process.

Sectoral Evaluations

Özgür Obalı emphasized that CDI provides protection against risks other than earthquakes, which is rarely seen in the world.

While Fahri Uğur evaluated the results of the first half of 2026, Ayhan Sincek noted that life insurance and private pension systems (BES) have grown.