Insurance in Turkey

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. 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.

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 is expected to generate total gross written premiums of $13.8bn in 2015, representing a compound annual growth rate (CAGR) of 15.8% between 2011 and 2015.

The non-life insurance segment is expected to be the market's most lucrative in 2015, with total gross written premiums of $11.7bn, equivalent to 84.9% 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.

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

Macroeconomic indicators provide insight into general trends within the Turkey economy

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?

Companies mentioned

Allianz Group, Anadolu Anonim Türk Sigorta Şirketi, AXA, MAPFRE, S.A.

Table of Contents

TABLE OF CONTENTS

Executive Summary 2

Market value 2

Market value forecast 2

Category segmentation 2

Geography segmentation 2

Market share 2

Market rivalry 2

Market Overview 7

Market definition 7

Market analysis 7

Market Data 8

Market value 8

Market Segmentation 9

Category segmentation 9

Geography segmentation 10

Market share 11

Market Outlook 12

Market value forecast 12

Five Forces Analysis 13

Summary 13

Buyer power 14

Supplier power 16

New entrants 18

Threat of substitutes 19

Degree of rivalry 20

Leading Companies 21

Allianz Group 21

Anadolu Anonim Türk Sigorta Şirketi 24

AXA 25

MAPFRE, S.A. 29

Macroeconomic Indicators 32

Country Data 32

Methodology 34

Industry associations 35

Related MarketLine research 35

Appendix 36

About MarketLine 36

List of Tables

Table 1: Turkey insurance market value: $ billion, 201115(e)

Table 2: Turkey insurance market category segmentation: $ billion, 2015(e)

Table 3: Turkey insurance market geography segmentation: $ billion, 2015(e)

Table 4: Turkey insurance market share: % share, by value, 2015(e)

Table 5: Turkey insurance market value forecast: $ billion, 201520

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 Türk Sigorta Şirketi: key facts

Table 11: AXA: key facts

Table 12: AXA: key financials ($)

Table 13: AXA: key financials (€)

Table 14: AXA: key financial ratios

Table 15: MAPFRE, S.A.: key facts

Table 16: MAPFRE, S.A.: key financials ($)

Table 17: MAPFRE, S.A.: key financials (€)

Table 18: MAPFRE, S.A.: key financial ratios

Table 19: Turkey size of population (million), 201115

Table 20: Turkey gdp (constant 2005 prices, $ billion), 201115

Table 21: Turkey gdp (current prices, $ billion), 201115

Table 22: Turkey inflation, 201115

Table 23: Turkey consumer price index (absolute), 201115

Table 24: Turkey exchange rate, 201115

List of Figures

Figure 1: Turkey insurance market value: $ billion, 201115(e)

Figure 2: Turkey insurance market category segmentation: % share, by value, 2015(e)

Figure 3: Turkey insurance market geography segmentation: % share, by value, 2015(e)

Figure 4: Turkey insurance market share: % share, by value, 2015(e)

Figure 5: Turkey insurance market value forecast: $ billion, 201520

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: AXA: revenues & profitability

Figure 15: AXA: assets & liabilities

Figure 16: MAPFRE, S.A.: revenues & profitability

Figure 17: MAPFRE, S.A.: assets & liabilities

List of Tables

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List of Figures

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