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Life Insurance in Turkey, Key Trends and Opportunities to
2018
Published: Jul 2014
Single User PDF: US$ 1950
Corporate Use...
Life Insurance in Turkey, Key Trends and Opportunities to 2018
Synopsis
The report provides in-depth market analysis, info...
Life Insurance in Turkey, Key Trends and Opportunities to 2018
Summary
Life insurance was the second-largest segment of th...
Life Insurance in Turkey, Key Trends and Opportunities to 2018
Scope
This report provides a comprehensive analysis of the ...
Life Insurance in Turkey, Key Trends and Opportunities to 2018
Key highlights
Life insurance was the second-largest segmen...
Life Insurance in Turkey, Key Trends and Opportunities to 2018
About Us
MarketReportsStore.com is an online market researc...
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Turkey Life Insurance Market - Forecast to 2018

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Complete reports is available @ http://marketreportsstore.com/life-insurance-in-turkey-key-trends-and-opportunities-to-2018/# .
Life insurance was the second-largest segment of the Turkish insurance industry in 2013, accounting for 15.5% of the industry's total gross written premiums. Led by sustained economic growth and favorable demographics, the segment's gross written premiums expanded at a compound annual growth rate (CAGR) of 17.8% over the review period (2009?2013). The segment's penetration rate also increased from 0.20% in 2009 to 0.24% in 2013. Turkish life insurance still remains one of the lowest among the OECD countries, however, with France and the UK having the highest penetration rates of 8.68% and 5.57% respectively. OECD countries with low life insurance penetration include Mexico with 0.99%, Hungary with 1.50% and the Czech Republic with 1.59%. The life segment's gross written premiums are expected to increase at a CAGR of 11.7% over the forecast period (2013?2018)

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Transcript of "Turkey Life Insurance Market - Forecast to 2018"

  1. 1. Life Insurance in Turkey, Key Trends and Opportunities to 2018 Published: Jul 2014 Single User PDF: US$ 1950 Corporate User PDF: US$ 3900 Order this report by calling +1 888 391 5441 or Send an email to sales@marketreportsstore.com with your contact details and questions if any. 1
  2. 2. Life Insurance in Turkey, Key Trends and Opportunities to 2018 Synopsis The report provides in-depth market analysis, information and insights into the Turkish life insurance segment, including: The Turkish life insurance segment's growth prospects by life insurance categories Key trends and drivers for the life insurance segment The various distribution channels in the Turkish life insurance segment The detailed competitive landscape in the life insurance segment in Turkey Detailed regulatory policies of the Turkish insurance industry A description of the life reinsurance segment in Turkey Porter's Five Forces analysis of the life insurance segment A benchmarking section on the Turkish life insurance segment in comparison with other countries with gross written premiums in the US$10-40 billion range. Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com 2
  3. 3. Life Insurance in Turkey, Key Trends and Opportunities to 2018 Summary Life insurance was the second-largest segment of the Turkish insurance industry in 2013, accounting for 15.5% of the industry's total gross written premiums. Led by sustained economic growth and favorable demographics, the segment's gross written premiums expanded at a compound annual growth rate (CAGR) of 17.8% over the review period (2009?2013). The segment's penetration rate also increased from 0.20% in 2009 to 0.24% in 2013. Turkish life insurance still remains one of the lowest among the OECD countries, however, with France and the UK having the highest penetration rates of 8.68% and 5.57% respectively. OECD countries with low life insurance penetration include Mexico with 0.99%, Hungary with 1.50% and the Czech Republic with 1.59%. The life segment's gross written premiums are expected to increase at a CAGR of 11.7% over the forecast period (2013?2018), with the low penetration rate, increasing life expectancy and sustained GDP growth being the primary factors that are projected to drive this demand. Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com 3
  4. 4. Life Insurance in Turkey, Key Trends and Opportunities to 2018 Scope This report provides a comprehensive analysis of the life insurance segment in Turkey: It provides historical values for the Turkish life insurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period. It offers a detailed analysis of the key categories in the Turkish life insurance segment, along with market forecasts until 2018. It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions. It analyses the various distribution channels for life insurance products in Turkey. Complete reports is available @ http://marketreportsstore.com/life-insurance- in-turkey-key-trends-and-opportunities-to-2018/# . Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com 4
  5. 5. Life Insurance in Turkey, Key Trends and Opportunities to 2018 Key highlights Life insurance was the second-largest segment of the Turkish insurance industry in 2013, accounting for 15.5% of the industry's total gross written premiums. Turkish life insurance penetration still remains one of the lowest among the OECD countries. The Turkish government's amendment to the private pension and investment law on June 28, 2012 has been fully implemented in the country since the beginning of 2013. By the end of 2013, there were 27 insurers operating in the segment and the segment is highly competitive in the presence of both domestic and foreign insurers. Bancassurance was the most preferred distribution channel among life and pension insurers. Buy the copy of this report @ http://marketreportsstore.com/purchase?rname=14840 . Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com 5
  6. 6. Life Insurance in Turkey, Key Trends and Opportunities to 2018 About Us MarketReportsStore.com is an online market research reports library of 250,000+ in- depth studies of over 5000 micro markets. Our database includes reports by leading publishers from across the globe. We provide 24/7 online and offline support service to our customers. RnR Market Research also offers company data, country profiles, trends, information and analysis on the sector of your interest. Visit Us @ http://marketreportsstore.com Follow Us: Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com 6
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