STATISTICS: Turkish insurers pushed down the SEE market by 7.2% y-o-y

12 October 2017 — Vlad BOLDIJAR
The South Eastern European insurance market (SEE) formed by Cyprus, Greece and Turkey totaled EUR 8.09 billion at the end of June 2017, down by 7.2% y-o-y, according to the preliminary figures centralized by XPRIMM.

The Turkish insurance market was the largest in the region (EUR 5.8 billion, more than 71% of the total), the decline reported by local insurers (a nominal decrease in European currency of about 10.5%) determining the regional trend.

The other two SEE markets - Cyprus (EUR 426.8 million) and Greece (EUR 1.91 billion) expanded by 6% and 1.2% respectively.

Access and download the 1H2017 SEE aggregate market statistics.

At the same time, access the following headlines the read more about the three SEE insurance markets and to download the half-year statistics:

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