I received the figures below from web site of Association of Turkish Insurance and Reinsurance Companies (TSRSB). Comparing last 7 years figures, I tried to reach to 2011 year end GI GWP expectation of Turkish Insurance Sector.
In the past, it looks like Q4 stand alone figures in total year GWP were btw. 25.3% and 28.4%. For 2010 it realized as 27.4%.
If we accept that it will be the same ratio with last year (27.4%), can we say that 2011 year end GI GWP Expectation of Turkish Insurance Sector will be 14.490.064.103 TL?
