STATISTICS: TURKISH market ends 3Q with a 6.3% increase in GWP
As in previous reporting periods, the GWP portfolio was dominated by property insurance (fire, allied perils & other damages to property insurance, summed) - 25% of total, followed by motor vehicle liability (21.3% of total GWP), motor hull (19.2%), life insurance (12.5%), sickness and health policies (11.3%). The remaining 11% was related to other non-life insurance classes.
The market ranking was led by ANADOLU Sigorta (11.7% market share), followed by AXA Sigorta (11.2%), ALLIANZ (7.9%), AK Sigorta (7.1%) and MAPFRE Genel (5.8%).
Access www.xprimm.com and download the 3Q2014 Turkish insurance market statistics.
Market portfolio (in EUR and TRY):
- Gross written premiums
- Growth rates
- All insurance market
- Life insurance
- Motor Hull
- Fire and allied perils
- Damages to property