Leading insurance groups in Turkey 2023, by gross written premiums
In 2023, Türkiye Sigorta AS was the leading insurance company operating in Turkey, recording
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Insurance ownership among Turkish people
Even though the insurance market demonstrated promising growth in the past couple of years, the insurance density in Turkey followed a fluctuating trend. In 2022, insurance density in the country amounted to
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As for the most popular types of insurance among Turks, the vast majority owned health insurance, followed by car insurance. On the other hand, some types of insurance are compulsory in Turkey, such as earthquake insurance, which has been required for residential buildings in urban areas since 2001. The policies cover the material losses which are directly caused by an earthquake and any fire, explosion, tsunami, or landslide that might occur as a consequence of an earthquake. By the end of 2023, the number of earthquake insurance policies in the country reached nearly
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