Non-Life Insurance in Turkey, Key Trends and Opportunities to 2020

Non-Life Insurance in Turkey, Key Trends and Opportunities to 2020

  • September 2016 •
  • 139 pages •
  • Report ID: 1605821 •
  • Format: PDF
Synopsis
Timetric’s 'Non-Life Insurance in Turkey Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Turkish non-life insurance segment, and a comparison of the Turkish insurance industry with its regional counterparts.

It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (2011–2015) and forecast period (2015–2020).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Turkish economy and demographics, explains the various types of natural hazard and their impact on the Turkish insurance industry, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary
Timetric’s 'Non-Life Insurance in Turkey Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Turkish non-life insurance segment, including:

- The Turkish non-life segment’s detailed outlook by product category

- A comprehensive overview of the Turkish economy and demographics

- A comparison of the Turkish non-life insurance segment with its regional counterparts

- The various distribution channels in the Turkish non-life insurance segment

- Detailed analysis of natural hazards and their impact on the Turkish insurance industry

- Details of the competitive landscape in the non-life insurance segment in Turkey

- Details of regulatory policy applicable to the Turkish insurance industry

Scope
This report provides a comprehensive analysis of the non-life insurance segment in Turkey:

- It provides historical values for the Turkish non-life insurance segment for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.

- It offers a detailed analysis of the key categories in the Turkish non-life insurance segment, and market forecasts to 2020.

- It provides a comparison of the Turkish non-life insurance segment with its regional counterparts

- It analyzes the various distribution channels for non-life insurance products in Turkey.

- It analyzes various natural and man-made hazards and their impact on the Turkish insurance industry

- It profiles the top non-life insurance companies in Turkey, and outlines the key regulations affecting them.

Reasons To Buy
- Make strategic business decisions using in-depth historic and forecast market data related to the Turkish non-life insurance segment, and each category within it.

- Understand the demand-side dynamics, key market trends and growth opportunities in the Turkish non-life insurance segment.

- Assess the competitive dynamics in the non-life insurance segment.

- Identify growth opportunities and market dynamics in key product categories.

- Gain insights into key regulations governing the Turkish insurance industry, and their impact on companies and the industry's future.

Key Highlights
- Turkey’s geographical location and infrastructure make it a hub for trading activities.

- Motor insurance was the largest category, and accounted for 57.3% of the non-life gross written premium in 2015.

-Property insurance was the second-largest category in the non-life segment, accounting for 34.7% of the segment’s gross written premium in 2015.

- Construction growth in Turkey is driven by the National Vision 2023, under which the government plans to develop the country’s road, rail, airport and other related infrastructure.

-Turkey’s non-life insurance penetration was 1.1% in 2015.

- Turkish aviation category continues to expand due to increasing investments in infrastructure, which led to affordable ticket prices and increased connectivity.
Loading...

We are very sorry, but an error occurred.
Please contact support@reportbuyer.com if the problem remains.