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

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 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:

Follow XPRIMM Publications on LinkedIn, for more data on the insurance and financial industry.

Share |

Related articles

Insurance Conference - Republic of Moldova

Chisinau, 2 October 2018
Digitalization of the insurance market, cost optimization and rethinking of distribution, tariffs' liberalization and introduction of the new products - are just a few key interest points of the Moldavian insurance market. Thus, local factors as well as external ones are driving all the involved stakeholders to adapt and respond to the new requirements and also to the InsurTech revolution.

2018-08-09

Stefan STAVROSITU appointed Sales Director of GROUPAMA's Romanian unit

Groupama Asiguraari, the Romanian arm of the French group and of the leading players on he ocal market, has announced the appointment of Stefan STAVROSITU as National Sales Director, replacing Julien RAMILLION who, after holding this position for four years, will receive other responsibilities.

2018-08-08

ON THE MOVE

Stefan STAVROSITU appointed Sales Director of GROUPAMA's Romanian unit

Groupama Asiguraari, the Romanian arm of the French group and of the leading players on he ocal market, has announced the appointment of Stefan STAVROSITU as National Sales Director, replacing Julien RAMILLION who, after holding this position for four years, will receive other responsibilities.

08.08.2018

TOP EVENT

LIVE: IIS Global Insurance Forum 2018 / Day2

The works of the Global Insurance Forum continued today in Berlin, Germany. Providing security for ageing populations in health care and pensions terms, as well as innovation and InsurTech or innovative strategies for the future development of the industry are on the today's agenda.

10.07.2018

See all