Regarding AcnTurk Sigorta A.Ş. - Arex Sigorta A.Ş.

Dear Member,
With reference to the letter sent to our Chamber by TOBB, the Press Release dated 10.04.2025 published by the Insurance and Private Pension Regulation and Supervision Agency states that the authority of AcnTurk Sigorta A.Ş. and Arex Sigorta A.Ş. to conclude and renew new insurance contracts in all branches has been revoked until the necessary conditions are met.
On the other hand, the letter dated 10.04.2025 and numbered 3904238, conveyed to our Union by the Insurance and Private Pension Regulation and Supervision Agency and a copy of which is forwarded in the annex, states that, by the Board's Decision dated 10/04/2025 and numbered 1051, the necessary system developments will be urgently completed by the Insurance Information and Monitoring Centre to ensure that, where insured persons currently holding policies in force with AcnTurk Sigorta AŞ and Arex Sigorta AŞ (the Companies) wish, by exercising their rights arising from the legislation, to cancel their existing policies and renew them with a different insurance company, these transactions can be carried out without obtaining cancellation approval from the Companies.

Annex: Regarding AcnTurk Sigorta A.Ş. - Arex Sigorta A.Ş.

Kind regards,
Elazığ Chamber of Commerce and Industry