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)

1. Life Insurance in Turkey, Key Trends and Opportunities to
2018
Published: Jul 2014
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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.
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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.
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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/# .
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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.
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6. Life Insurance in Turkey, Key Trends and Opportunities to 2018
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