Turkey Life Insurance Market to 2027
![](/report_cover/4228/turkey-life-insurance-market-to-2027_en.gif)
Turkey Life Insurance Market to 2027
Summary
Life Insurance in Turkey industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Life Insurance in Turkey industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The market is segmented into Life Insurance and Pension/Annuity.
- The Turkish life insurance market had total gross written premiums of $1.8 billion in 2022, representing a compound annual growth rate (CAGR) of 34.8% between 2017 and 2022.
- The life insurance segment accounted for the market's largest proportion in 2022, with total gross written premiums of $1.8 billion, equivalent to 99.9% of the market's overall value.
- In 2022, the Turkish life insurance market witnessed an annual growth of 74% due to rising awareness about the importance of insurance. Factors such as a rising population base, increasing disposable income, and growing consumer confidence are driving the country’s life insurance market.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in Turkey
- Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Turkey life insurance market with five year forecasts by both value and volume
- What was the size of the Turkey life insurance market by value in 2022?
- What will be the size of the Turkey life insurance market in 2027?
- What factors are affecting the strength of competition in the Turkey life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in Turkey's life insurance market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What are the strengths of the leading players?
8 COMPANY PROFILES
8.1. AgeSA Hayat ve Emeklilik AS
8.2. Anadolu Hayat Emeklilik AS
8.3. Vienna Insurance Group AG
8.4. Turkiye Hayat Ve Emeklilik AS
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What are the strengths of the leading players?
8 COMPANY PROFILES
8.1. AgeSA Hayat ve Emeklilik AS
8.2. Anadolu Hayat Emeklilik AS
8.3. Vienna Insurance Group AG
8.4. Turkiye Hayat Ve Emeklilik AS
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: Turkey life insurance market value: $ billion, 2017–22
Table 2: Turkey life insurance market category segmentation: % share, by value, 2017–2022
Table 3: Turkey life insurance market category segmentation: $ billion, 2017-2022
Table 4: Turkey life insurance market geography segmentation: $ billion, 2022
Table 5: Turkey life insurance market value forecast: $ billion, 2022–27
Table 6: Turkey life insurance market share: % share, by value, 2022
Table 7: AgeSA Hayat ve Emeklilik AS: key facts
Table 8: AgeSA Hayat ve Emeklilik AS: Annual Financial Ratios
Table 9: AgeSA Hayat ve Emeklilik AS: Key Employees
Table 10: Anadolu Hayat Emeklilik AS: key facts
Table 11: Anadolu Hayat Emeklilik AS: Annual Financial Ratios
Table 12: Anadolu Hayat Emeklilik AS: Key Employees
Table 13: Vienna Insurance Group AG: key facts
Table 14: Vienna Insurance Group AG: Annual Financial Ratios
Table 15: Vienna Insurance Group AG: Key Employees
Table 16: Turkiye Hayat Ve Emeklilik AS: key facts
Table 17: Turkey size of population (million), 2018–22
Table 18: Turkey gdp (constant 2005 prices, $ billion), 2018–22
Table 19: Turkey gdp (current prices, $ billion), 2018–22
Table 20: Turkey inflation, 2018–22
Table 21: Turkey consumer price index (absolute), 2018–22
Table 22: Turkey exchange rate, 2018–22
Table 1: Turkey life insurance market value: $ billion, 2017–22
Table 2: Turkey life insurance market category segmentation: % share, by value, 2017–2022
Table 3: Turkey life insurance market category segmentation: $ billion, 2017-2022
Table 4: Turkey life insurance market geography segmentation: $ billion, 2022
Table 5: Turkey life insurance market value forecast: $ billion, 2022–27
Table 6: Turkey life insurance market share: % share, by value, 2022
Table 7: AgeSA Hayat ve Emeklilik AS: key facts
Table 8: AgeSA Hayat ve Emeklilik AS: Annual Financial Ratios
Table 9: AgeSA Hayat ve Emeklilik AS: Key Employees
Table 10: Anadolu Hayat Emeklilik AS: key facts
Table 11: Anadolu Hayat Emeklilik AS: Annual Financial Ratios
Table 12: Anadolu Hayat Emeklilik AS: Key Employees
Table 13: Vienna Insurance Group AG: key facts
Table 14: Vienna Insurance Group AG: Annual Financial Ratios
Table 15: Vienna Insurance Group AG: Key Employees
Table 16: Turkiye Hayat Ve Emeklilik AS: key facts
Table 17: Turkey size of population (million), 2018–22
Table 18: Turkey gdp (constant 2005 prices, $ billion), 2018–22
Table 19: Turkey gdp (current prices, $ billion), 2018–22
Table 20: Turkey inflation, 2018–22
Table 21: Turkey consumer price index (absolute), 2018–22
Table 22: Turkey exchange rate, 2018–22
LIST OF FIGURES
Figure 1: Turkey life insurance market value: $ billion, 2017–22
Figure 2: Turkey life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Turkey life insurance market geography segmentation: % share, by value, 2022
Figure 4: Turkey life insurance market value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the life insurance market in Turkey, 2022
Figure 6: Drivers of buyer power in the life insurance market in Turkey, 2022
Figure 7: Drivers of supplier power in the life insurance market in Turkey, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Turkey, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Turkey, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in Turkey, 2022
Figure 11: Turkey life insurance market share: % share, by value, 2022
Figure 1: Turkey life insurance market value: $ billion, 2017–22
Figure 2: Turkey life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Turkey life insurance market geography segmentation: % share, by value, 2022
Figure 4: Turkey life insurance market value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the life insurance market in Turkey, 2022
Figure 6: Drivers of buyer power in the life insurance market in Turkey, 2022
Figure 7: Drivers of supplier power in the life insurance market in Turkey, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Turkey, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Turkey, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in Turkey, 2022
Figure 11: Turkey life insurance market share: % share, by value, 2022