Page 20 - Turkinsurance Digital Magazine
P. 20
18 insurance outlook
Premium production stands at 6
billion 92 million USD at the end of
the second quarter
At the end of the second quarter of 2018, total premiums of Turkish insurance market
has reached 6 billion 92 million USD. Liability insurance line continues to get the highest
share in premium production with 30.4 percent, also owning the highest growth rate in
the market.
According to the statistics published by the Insurance Association tistics. USD-based figures decreased due to the exchange rate dif-
of Turkey (TSB) at the end of 2018Q2, total premium production ference. (USD/TL, 30.06.2018= 4.5758; 30.06.2017= 3.5285).
of Turkish insurance market has reached 6 billion 92 million USD.
At the end of 2017Q2, total premiums stood at 6 billion 556 mil- At the end of the second quarter of the year, premium production
lion USD; an indication of a decrease of 7.09 percent in one year. in the non-life segment was reported as 5 billion 251 million USD,
However, the figures increased by 20.49 percent for TL based sta- and life insurance premiums stood at 840 million 618 thousand
