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Inebolu Sk. No:41 Setustu Kabatas Istanbul / Turkiye

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News

Cavus & Coskunsu has again contributed the Türkiye chapter to ICLG – Insurance & Reinsurance 2026, published by Global Legal Group. The chapter was written by founding partner Caglar Coskunsu and partner Ibrahim Onur Oğuzgiray. The full chapter is available to read and download below. What the chapter covers The Türkiye chapter answers the questions that most often arise for foreign insurers, reinsurers and their advisers when Turkish risks or Turkish proceedings are involved: Regulation — the role of the Ministry of Treasury and Finance, the Insurance Supervisory Board and the General Directorate of Insurance, and the transition to the Insurance and Private Pension

The Grand National Assembly has adopted the 12th Judicial Reform Package, amending a wide range of statutes. The changes most relevant to our clients concern judicial sale and bidder default rules, the abolition of the action for an indeterminate receivable, new monetary thresholds for appeal and cassation, and a recast statutory interest regime following the Constitutional Court's annulment. Not all provisions enter into force on the same date.

The Turkey chapter presents a comprehensive yet accessible overview of the country’s maritime law framework. It outlines the key rules governing shipbuilding contracts, including the transfer of title, refund guarantees, delivery disputes and shipyard liabilities. The report also explains the registration regime for vessels and vessels under construction, the documentation required for registration, mortgage formalities and the limitations surrounding dual registration.