STATISTICS: TURKEY, 1H2018: Insurance industry increased by one fifth to EUR 5.2 billion
Non-life premiums reached TRY 24 billion (EUR 4.52 billion) in 1H2018, 21.2% higher y-o-y, while life premiums stood at TRY 3.85 billion (EUR 732 million), 16.1% more y-o-y.
Among the biggest classes of business, MTPL GWP grew by 32.5% to TRY 7.74 billion in 1H2018. Motor Own Damage insurance premiums rose by 13.2% to TRY 3.71 billion while Property insurance premiums increased by 16.72% to TRY 6.58 billion.
Access www.xprimm.com and download the 1H2018 Turkish insurance market statistics.
Market portfolio (in EUR and TRY):
- Gross written premiums
- Paid claims
- Growth rates
- Total market
- Life insurance
- Motor Hull
- Motor vehicle liability