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 www.xprimm.com 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:
- CYPRUS, 1H2017: Life policies generate about half of the incurred claims
- GREECE, 1H2017: Over 65% y-o-y growth on the life U-L line GWP
- TURKEY, 1H2017: Life insurance share in total GWP reached 14% due to the strongs increase in premiums