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Insurance in Turkey

Insurance in Turkey

Summary

Insurance in Turkey industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the Turkey insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes.

The Turkish insurance market had total gross written premiums of $13.1bn in 2016, representing a compound annual growth rate (CAGR) of 18.7% between 2012 and 2016.

The non-life Insurance segment was the market's most lucrative in 2016, with total gross written premiums of $11.4bn, equivalent to 87.4% of the market's overall value.

The immense growth rates of the market in recent years were shaped by demand for non-life insurance, particularly for motor and property insurance, whilst the growth of the life insurance segment was also strong but less significant amid low penetration.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Turkey
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Turkey
  • Leading company profiles reveal details of key insurance market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Turkey insurance market with five year forecasts
Reasons to buy
  • What was the size of the Turkey insurance market by value in 2016?
  • What will be the size of the Turkey insurance market in 2021?
  • What factors are affecting the strength of competition in the Turkey insurance market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in Turkey's insurance market?


Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Acibadem Saglik ve Hayat Sigorta AS
Allianz Group
Anadolu Anonim Turk Sigorta Sirketi
Mapfre S.A.
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Turkey insurance market value: $ billion, 2012-16
Table 2: Turkey insurance market category segmentation: $ billion, 2016
Table 3: Turkey insurance market geography segmentation: $ billion, 2016
Table 4: Turkey insurance market value forecast: $ billion, 2016-21
Table 5: Acibadem Saglik ve Hayat Sigorta AS: key facts
Table 6: Allianz Group: key facts
Table 7: Allianz Group: key financials ($)
Table 8: Allianz Group: key financials (€)
Table 9: Allianz Group: key financial ratios
Table 10: Anadolu Anonim Turk Sigorta Sirketi: key facts
Table 11: Anadolu Anonim Turk Sigorta Sirketi: key financials ($)
Table 12: Anadolu Anonim Turk Sigorta Sirketi: key financials (TL)
Table 13: Anadolu Anonim Turk Sigorta Sirketi: key financial ratios
Table 14: Mapfre S.A.: key facts
Table 15: Mapfre S.A.: key financials ($)
Table 16: Mapfre S.A.: key financials (€)
Table 17: Mapfre S.A.: key financial ratios
Table 18: Turkey size of population (million), 2012-16
Table 19: Turkey gdp (constant 2005 prices, $ billion), 2012-16
Table 20: Turkey gdp (current prices, $ billion), 2012-16
Table 21: Turkey inflation, 2012-16
Table 22: Turkey consumer price index (absolute), 2012-16
Table 23: Turkey exchange rate, 2012-16
List of Figures
Figure 1: Turkey insurance market value: $ billion, 2012-16
Figure 2: Turkey insurance market category segmentation: % share, by value, 2016
Figure 3: Turkey insurance market geography segmentation: % share, by value, 2016
Figure 4: Turkey insurance market value forecast: $ billion, 2016-21
Figure 5: Forces driving competition in the insurance market in Turkey, 2016
Figure 6: Drivers of buyer power in the insurance market in Turkey, 2016
Figure 7: Drivers of supplier power in the insurance market in Turkey, 2016
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Turkey, 2016
Figure 9: Factors influencing the threat of substitutes in the insurance market in Turkey, 2016
Figure 10: Drivers of degree of rivalry in the insurance market in Turkey, 2016
Figure 11: Allianz Group: revenues & profitability
Figure 12: Allianz Group: assets & liabilities
Figure 13: Anadolu Anonim Turk Sigorta Sirketi: revenues & profitability
Figure 14: Anadolu Anonim Turk Sigorta Sirketi: assets & liabilities
Figure 15: Mapfre S.A.: revenues & profitability
Figure 16: Mapfre S.A.: assets & liabilities

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