Turkish Insurance Sector on the 100th Anniversary of the the Republic of Türkiye -4

Lines of Business Distribution

Lines of Business distribution for the last three years is given in Table 1.5. Sickness/health, motor own damage, motor liability, general damages and fire and natural disasters have shared since the last three years.  43% of  total non-life insurance premiums motor business, total of motor own damage and motor liability.

Table 1.5 Turkish Insurance Industry – Gross Premium Production per LoB

(Billion TL) 2019 % 2020 % 2021 %
Non-Life Total         57.442           100,0         68.152           100,0         87.599           100,0
Motor Liability            18.613                32,4            20.494                30,1            23.324                26,6
Motor              9.319                16,2            10.738                15,8            14.289                16,3
Fire & Natural Disasters              8.357                14,5            10.586                15,5            14.050                16,0
Health              8.300                14,4            10.096                14,8            13.078                14,9
General Damages              5.836                10,2              7.962                11,7            11.037                12,6
Casualty              2.369                 4,1              2.237                 3,3              2.443                 2,8
Public Liability              1.698                 3,0              2.190                 3,2              3.217                 3,7
Transport                922                 1,6              1.204                 1,8              1.844                 2,1
Other              2.027                 3,5              2.646                 3,9              4.315                 4,9
Life         11.359           14.431           17.768  

Source: SEDDK (2021). Annual Report About Insurance And Prıvate Pensıon Actıvıtıes Retreived from  https://www.seddk.gov.tr/upload/doc/2021-sigortacilik-ve-BES-faaliyet-raporu.pdf . December 10, 2022.

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