20-Jan-19, iPMIM
Bupa has acquired Turkish company Acıbadem Sigorta, a specialist health insurance provider with both corporate and individual customers. Simeon Preston, CEO of Bupa International Markets, said: "We are delighted to announce that Bupa’s acquisition of Acıbadem Sigorta is now complete. Bupa will benefit from Acıbadem Sigorta’s local market knowledge, and their customers and employees will benefit from the strength of our expertise and experience."
%20Bupa%20Newsroom.jpg "Bupa acquires Turkeys second largest health insurer (c) Bupa Newsroom")
Image: Bupa Newsroom
Acıbadem Sigorta is a specialist health insurance provider with both corporate and individual customers. Headquartered in Istanbul, it has over 500 employees and covers 600,000 lives. In 2017 Acıbadem Sigorta generated gross written premiums of TRY913 mn (USD173 mn).