1. Market Research
  2. > Financial Services
  3. > Insurance Market Trends
  4. > Turkey Insurance Report Q2 2016

Turkey Insurance Report Q2 2016

  • February 2016
  • -
  • Business Monitor International
  • -
  • 59 pages

Includes 3 FREE quarterly updates

Key Updates And Forecasts

- We have revised our forecasts for life and non-life premiums upwards this quarter to reflect a steadilyimproving business and consumer environment following the recent general election. We forecast lifepremiums to grow by 10% In 2016 to TRY4.0bn, while non-life premiums will rise by 9.9% toTRY27.4bn.

- Turkey's regulatory environment continues to strengthen and November 2015 saw the introduction ofnew regulation which laid out the rules for insurers outsourcing ancillary functions that are not central totheir core insurance operations.

- However, Turkey's motor vehicle insurers are facing increasing pressure to cap compulsory insurancepremiums for commercial drivers. In October 2015, the Turkish Drivers and Automobile Federationlamented recent rises in compulsory premiums and called for the government to intervene in the settingof prices for obligatory policies.

Table Of Contents

Turkey Insurance Report Q2 2016
BMI Industry View 5
Table: Headline Insurance Forecasts (Turkey 2013-2020) 5
SWOT 6
Insurance 6
Industry Forecast 7
Life Premiums Forecast 7
Table: Life Premiums (Turkey 2013-2020) 10
Table: Life Insurance Claims (Turkey 2007-2014) 10
Non-Life Premiums Forecast 11
Table: Non-Life Premiums (Turkey 2013-2020) 14
Table: Non-Life Insurance Claims (Turkey 2008-2014) 16
Non-Life Sub-Sector Forecast 16
Table: Non-Life Insurance Premiums by Product Line (Turkey 2013-2020) 24
Insurance Risk/Reward Index 26
Emerging Europe Risk/Reward Index 26
Table: Emerging Europe Insurance Risk/Reward Index - Q216 27
Market Overview 28
Life Market Overview 28
The Product Offering 28
The Competitive Landscape 28
Table: Life Market Share (USDmn) 2007-2014 30
Non-Life Market Overview 32
Product Offering 32
The Competitive Landscape 32
Table: Non-Life Market Share (USDmn) 2007-2014 34
Company Profile 37
Aksigorta 37
Allianz 40
Anadolu Hayat Emeklilik 43
Anadolu Sigorta 46
AXA Group 49
Ziraat Hayat Emeklilik (ZHE) 51
Methodology 53
Industry Forecast Methodology 53
Risk/Reward Index Methodology 56
Table: Indicators 58
Table: Weighting of Indicators 59

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
UK Travel Insurance: Market Dynamics and Opportunities 2016

UK Travel Insurance: Market Dynamics and Opportunities 2016

  • $ 3450
  • Industry report
  • August 2016
  • by Verdict Financial

Summary The UK travel insurance market declined by 12.3% to £625.4m in gross written premium (GWP) in 2015. This is a result of fewer policies being written, in addition to rates that have been prevented ...

The Insurance Industry in Belarus, Key Trends and Opportunities to 2020

The Insurance Industry in Belarus, Key Trends and Opportunities to 2020

  • $ 1450
  • Industry report
  • October 2016
  • by Timetric

Synopsis Timetric’s 'The Insurance Industry in Belarus, Key Trends and Opportunities to 2020' report provides a detailed analysis of Belarusian insurance industry. It provides key performance indicators ...

The Insurance Industry in Montenegro, Key Trends and Opportunities to 2020

The Insurance Industry in Montenegro, Key Trends and Opportunities to 2020

  • $ 1450
  • Industry report
  • September 2016
  • by Timetric

Synopsis Timetric’s 'The Insurance Industry in Montenegro, Key Trends and Opportunities to 2020' report provides a detailed analysis of Montenegrin insurance industry. It provides key performance indicators ...


ref:plp2016

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.