Insurance in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
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
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.
Reasons to Buy
What was the size of the Turkey insurance market by value in 2015?
What will be the size of the Turkey insurance market in 2020?
What factors are affecting the strength of competition in the Turkey insurance market?
How has the market performed over the last five years?
What are the main segments that make up Turkey's insurance market?
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 $11.3bn in 2015, representing a compound annual growth rate (CAGR) of 16.5% between 2011 and 2015.
The non-life Insurance segment was the market's most lucrative in 2015, with total gross written premiums of $9.8bn, equivalent to 86% of the market's overall value.
The weakening of the Turkish economy is set to result in a slowdown in premium growth in the forecast period. What's more, intense competition in the market is likely to drive down premium rates.
Market value forecast
Market value forecast
Five Forces Analysis
Threat of substitutes
Degree of rivalry
Anadolu Anonim Turk Sigorta Sirketi
AXA Sigorta A.S.
Related MarketLine research
Figure 1: Turkey insurance market value: $ billion, 2011-15
Figure 2: Turkey insurance market category segmentation: % share, by value, 2015
Figure 3: Turkey insurance market geography segmentation: % share, by value, 2015
Figure 4: Turkey insurance market share: % share, by value, 2015
Figure 5: Turkey insurance market value forecast: $ billion, 2015-20
Figure 6: Forces driving competition in the insurance market in Turkey, 2015
Figure 7: Drivers of buyer power in the insurance market in Turkey, 2015
Figure 8: Drivers of supplier power in the insurance market in Turkey, 2015
Figure 9: Factors influencing the likelihood of new entrants in the insurance market in Turkey, 2015
Figure 10: Factors influencing the threat of substitutes in the insurance market in Turkey, 2015
Figure 11: Drivers of degree of rivalry in the insurance market in Turkey, 2015
Figure 12: Allianz Group: revenues & profitability
Figure 13: Allianz Group: assets & liabilities
Figure 14: Anadolu Anonim Turk Sigorta Sirketi: revenues & profitability
Figure 15: Anadolu Anonim Turk Sigorta Sirketi: assets & liabilities
Figure 16: Mapfre S.A.: revenues & profitability
Figure 17: Mapfre S.A.: assets & liabilities
Table 1: Turkey insurance market value: $ billion, 2011-15
Table 2: Turkey insurance market category segmentation: $ billion, 2015
Table 3: Turkey insurance market geography segmentation: $ billion, 2015
Table 4: Turkey insurance market share: % share, by value, 2015
Table 5: Turkey insurance market value forecast: $ billion, 2015-20
Table 6: Allianz Group: key facts
Table 7: Allianz Group: key financials ($)
Table 8: Allianz Group: key financials (EUR)
Table 9: Allianz Group: key financial ratios
Table 10: Anadolu Anonim Turk Sigorta Sirketi: key facts
Table 11: Anadolu Anonim Turk Sigorta Sirketi: key financials ($)
Table 12: Anadolu Anonim Turk Sigorta Sirketi: key financials (TL)
Table 13: Anadolu Anonim Turk Sigorta Sirketi: key financial ratios
Table 14: AXA Sigorta A.S.: key facts
Table 15: Mapfre S.A.: key facts
Table 16: Mapfre S.A.: key financials ($)
Table 17: Mapfre S.A.: key financials (EUR)
Table 18: Mapfre S.A.: key financial ratios
Table 19: Turkey size of population (million), 2011-15
Table 20: Turkey gdp (constant 2005 prices, $ billion), 2011-15
Table 21: Turkey gdp (current prices, $ billion), 2011-15
Table 22: Turkey inflation, 2011-15
Table 23: Turkey consumer price index (absolute), 2011-15
Table 24: Turkey exchange rate, 2011-15
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Allianz Group, Anadolu Anonim Turk Sigorta Sirketi, AXA Sigorta A.S., Mapfre S.A.
Insurance, Turkey, MarketLine
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