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At the end of the second quarter of 2020, total premium production of Turkish insurance

market reaches 5 billion 857 million USD. Once again, liability insurance gets the highest
share from total market premiums with 26.32%; while highest growth is reported in life
insurance premiums.

According to the statistics announced by the Insurance Association During Q2, companies that produced highest amount of non-life
of Turkey at the end of June 2020, total Premium production in premiums were respectively listed as Anadolu Anonim Türk Sig-
Turkish insurance market reached 5 billion 857 million USD, up orta Şirketi, Allianz Sigorta, AkSigorta, AXA Sigorta and Güneş
by 1.77% compared to June 2019 results. (TL-based results in- Sigorta.
dicate a growth of 21.01%. This difference between TL and USD
based results is due to exchange rate difference between 2019 and On the other hand, companies that produced highest amount of non-
2020. USD/TL on 30.06.2020: 6,8658 ; USD/TL on 28.06.2019: life premiums were respectively listed as Ziraat Hayat ve Emekli-
5,7741). Premiums written in non-life segment decreased by 3.4% lik, Anadolu Hayat Emeklilik, Metlife Emeklilik ve Hayat, Allianz
to 4 billion 791 million USD, while life insurance premiums in- Yaşam ve Emeklilik, and AvivaSAEmeklilik ve Hayat.
creased by 33.98% to 1 billion 66 million USD.

At the end of the second quarter of 2020, liability insurance once
again dominated the market with highest amount of premiums, ac- Market shares of insurance companies
counting for 26.32% of total market premiums. Life insurance fol-
lowed with a share of 18.20%, and health insurance ranked third
with 13.37%. Share of vehicle insurance was reported as 12.46%,
and following lines were listed as follows: fire and natural forc- 9.54%
es 12.25%, general losses 11.69%, accident 2.71%, and marine
1.45%. 24.96% 9.49%

Highest premium growth of the second quarter of 2020 was report-
ed in life insurance compared to the same period of previous year. 5.63%
General losses line ranked second, followed by health insurance, fire
and natural forces, and marine insurance. 5.32%
4.81%
“Anadolu Anonim Türk Sigorta Şirketi complet- 21.73%
ed Q2 as the market leader with written premiums
standing at 558 million 847 thousand USD, and a 4.43%
market share of 9.54%” 3.90%
3.19% 3.20%
3.80%
Anadolu Anonim Türk Sigorta took the first place in terms of to-
tal life and non-life premiums with 5 million 847 thousand USD Anadolu Anonim Türk Sigorta Şirketi Allianz Sigorta AŞ
and a share of 9.54% at the end of the second quarter. Allianz
Sigorta ranked second with 555 million 661 thousand USD and Aksigorta AŞ Axa Sigorta AŞ
a market share of 9.49%, followed by Aksigorta with 330 million Güneş Sigorta AŞ Ziraat Sigorta AŞ
33 thousand USD and a market share of 5.63%, Axa Sigorta with Sompo Sigorta AŞ HDI Sigorta AŞ
311 million 398 thousand USD and a market share of 5.32%, and
Güneş Sigorta with 281 million 513 thousand USD and a market Mapfre Sigorta AŞ Bupa Acıbadem Sigorta AŞ
share of 4.81%. Next 10 Companies Following Companies