Comparative study: Turkey vs Greece
Turkey vs Greece: evolution of non life insurance premiums (2012-2016)
in billion USD
Turkey vs Greece: evolution of life insurance premiums (2012-2016)
in billion USD
Turkey vs Greece: evolution of total insurance premiums (2012-2016)
in billion USD
Turkey vs Greece: premiums' growth rate (2012-2016)
| Country | 2011-2012 | 2012-2013 | 2013-2014 | 2014-2015 | 2015-2016 |
|---|---|---|---|---|---|
| Greece | -20.20% | -6.00% | -1.00% | -21.70% | 4.20% |
| Turkey | 7.80% | 14.60% | -6.90% | -3.90% | 17.50% |
Turkey vs Greece: evolution of insurance penetration rate (2012-2016)
| Country | 2012 | 2013 | 2014 | 2015 | 2016 |
|---|---|---|---|---|---|
| Greece | 2.40% | 2.20% | 2.20% | 2.13% | 2.22% |
| Turkey | 1.40% | 1.50% | 1.40% | 1.55% | 1.55% |
| Average Europe | 6.70% | 6.80% | 6.80% | 6.89% | 6.72% |
| Average World | 6.50% | 6.30% | 6.20% | 6.23% | 6.28% |
Turkey vs Greece: evolution of insurance density (2012-2016)
in USD| Country | 2012 | 2013 | 2014 | 2015 | 2016 |
|---|---|---|---|---|---|
| Greece | 520 | 476 | 478 | 381.3 | 397.9 |
| Turkey | 146 | 166 | 153 | 141.4 | 164.2 |
| Average Europe | 1724 | 1833 | 1902 | 1634 | 1620 |
| Average World | 656 | 652 | 662 | 621.2 | 638.3 |
* Source: Sigma
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