March 27 (SeeNews) - German insurer Allianz said it has agreed to acquire a 93.9% stake in Turkish sector player Yapi Kredi Sigorta [ISE:YKSGR] from lender Yapi Kredi [ISE:YKBNK] for 1.6 billion Turkish lira ($875 million/684 million euro) to boost its share in the country's growing market.