When we check October 2011 GI Growth figures launched by TSRSB, there is 21.48% growth of the total Turkish GI market.
But when we chance our perspective; absolute growth is almost 2 billion TL. And 39% of that figure have been realized by first two player of the market. And each of their new written business is more than total (existing+new business) GWP of the companies ranking second 10.
Second observation is that, 50% of the absolute new business have been realized by the first 11 companies.
Nowadays Sector’s main topic is profitability but players should also focus on growth otherwise it will be more and more difficult to catch market leaders with organic growth.