Austrian insurance giant Vienna Insurance Group has added a new one to its health investments in Türkiye

Vienna Insurance Group (VIG) signed a definitive agreement to acquire Demir Sağlık, a Turkish health insurer with more than three decades of operations in the country, extending the Austrian group's expansion in Türkiye's health insurance market. The deal adds a long-established local health franchise to VIG's existing Turkish operations, though the purchase price and other financial terms were not disclosed in the article. The transaction remains subject to regulatory approvals, which will determine the completion timeline. The move signals continued foreign insurer appetite for Türkiye's health segment, and the next items to watch are the approval process and how VIG integrates Demir Sağlık into its local platform.