Turkey Insurance Sector Report 2017/2018

Turkey’s insurance sector saw healthy premium growth rates over the 2012-2016 period, supported by rising employment, consumption and household incomes. Insurance premiums have increased nearly fourfold in the past decade. Still, insurance penetration and density remain well below those in Turkey’s global and regional peers, indicating strong growth potential. The country’s favourable demographics, high urbanisation rates and expanding middle class will drive the sector’s development. The worsening economic environment coupled with rising security concerns, however, might dampen growth in the short-term, delaying investments and discouraging newcomers. 

This report provides a complete and detailed analysis of the insurance sector for Turkey. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the insurance sector in Turkey
• Access forecasts for growth in the sector
• View key data on insurance premiums and claims in Turkey.
• Crystallise the forces both driving and restraining this sector in Turkey
• Assess market share for the life insurance, non-life and reinsurance sectors
• Ascertain Turkey’s position in the global sector
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Turkey
• Build a clear picture of trends and issues for sub-sectors (life insurance, non-life insurance, reinsurance) and for retail channels.

See below for a complete table of report contents: