General information - Eureko Sigorta

Travel Health Insurance;
Our Travel Health Insurance was created in accordance with Travel Health Insurance General Conditions observed
under the health insurance business.
With this insurance product, policy holders make no declarations as existing diseases are excluded from coverage
and such insurance is based on the short term. The main feature of this product is that it is obligatory for visa
procedures in Schengen countries and generally arranged for a short term less than 1 year.
These policies are arranged with limitations and are subject to restrictions on periods of stays abroad.
Rates may vary according to coverage and zones where such a policy is valid.
Persons of over 65 ages are subject to age surcharge and they are not provided with any coverage except for accident.
This product has a very low indemnity frequency and is one of the most advantageous products in terms of loss
ratios.
Personal Accident;
In individual personal accident insurances, pricing and risk selection is based on ages and occupations of policy
holders and insurance limits. Individual personal accident insurance policies can be arranged for designated risk
groups and limits through all distribution channels.
Technical departments evaluate personal accident risks requested for groups in view of the scope of activities, accident
statistics and policy holders' loss history and character, and customer scores if any.
Reinsurance;
2008 ANNUAL REPORT
Reinsurance companies continued providing support and assurance to Eureko Sigorta, having long-established and deeprooted
relations with international reinsurers, in 2008.
Eureko Sigorta follows the international circumstances closely and establishes relations with reinsurers carefully. Eureko
Sigorta's policy is to only work with re-insurers who are financially strong and with strong ratings. The company restricts
its relations with reinsurers which give negative signals for the future and closely monitors financial structures of such
reinsurers.
Optimization activities, the first of which was realised in 2001, were re-implemented with a view to optimizing the
reinsurance structure in 2008, and it was confirmed that such reinsurance protection was the most optimal protection.
As a result, reinsurance treaties renewed on an annual basis are shared among reinsurers at an optimum level while risks
in the portfolio of Eureko Sigorta are shared among high-quality markets as participants in its proportional treaties.
For catastrophic risks, our excess-of-loss protection purchased for protection against risks remaining in the company's
retention was renewed with the leading share held by Munich Re.
Following the mortgage crisis in the U.S., impairment of capital of global companies and increases in capital costs resulted
in increases of costs in reinsurance markets worldwide.
However, such negative factors were balanced with the emerging supply as reinsurers that did not previously provide
reinsurance support in the Turkish market tended to enter the Turkish market and developed markets that made
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