Page 25 - Turkinsurance Digital Magazine

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In the second quarter, premium

production increased by 51.65%

In the second quarter of the year, total premium production exceeded TRY 576 billion,
marking a 51.65% increase compared to the same period of the previous year. The

highest growth in premium production was recorded in the life insurance segment, with
an increase of 81.16%.

According to the data announced by the Insurance Association of
Türkiye (TSB) as of the end of June 2025, total premium produc- Shares of Branches in Total
tion in the insurance sector reached TRY 576.813 billion, mark-
ing a 51.65% increase compared to the end of the second quar- Premium Production
ter of 2024. During this period, premium production in non-life
branches rose by 47.85 percent to TRY 498 billion 290 million,
while premium production in the life branch increased by 81.16 2,09% 1,89% 1,09%
percent, reaching TRY 78 billion 522 million.

As of the end of June, the branch with the highest premium pro- 9,47% 27,16%
duction was liability insurance, which includes land, air, and water
vehicles and general liability branches, accounting for 27.16% of 12,34%
the sector’s total premium production. Health insurance ranked
second with a 18.65 percent share, while fire and natural disaster 13,61%
insurance came in third with a 13.71 percent share. In this period, 18,65%
the life insurance branch held a 13.61% share, while motor insur- 13,71%
ance accounted for 12.34%, general damages 9.47%, accident
1.89%, and marine insurance 1.09%.
LIABILITY INSURANCE
At the end of the first half of the year, the highest increase in pre- HEALTH INSURANCE
mium production was observed in the life insurance branch. While FIRE AND NATURAL DISASTERS
the life insurance branch recorded a 81.16% increase in premium
production compared to the same period of the previous year, the LIFE INSURANCE
health branch ranked second among the branches with the highest MOTOR INSURANCE
premium growth during this period with an increase of 70.49%.
In the same period, premium production increased by 53.08% in
liability branches, 40.65% in general damages, 36.73% in fire olu Anonim Türk Sigorta Şirketi continued to rank third with
and natural disasters, 35.55% in accident, 29.46% in motor in- TRY 44.468 billion in premium production and a market share
surance, and 20.76% in marine insurance. of 7.71%. During this period, AXA Sigorta ranked fourth with a
premium production of TRY 39.621 billion and a market share of
“The top 3 companies with the highest pre- 6.87%, while HDI Sigorta ranked fifth with TRY 25.052 billion
in premium production and a market share of 4.34%. During this
mium production accounted for 29.80% of period, the top three companies accounted for 29.80 percent of
the total premium production, while the top total premium production, while the top five companies made up
41.01 percent.
5 companies accounted for 41.01%” In the non-life branches, the top five companies with the high-
est premium production were Türkiye Sigorta, Allianz Sigorta,
As of the end of June 2025, Türkiye Sigorta A.Ş. maintained Anadolu Anonim Türk Sigorta Şirketi, AXA Sigorta, and HDI
its leading position in the overall premium production ranking, Sigorta.
combining life and non-life branches, with a premium production In the life insurance branch, Türkiye Hayat ve Emeklilik con-
of TRY 72.679 billion and a market share of 12.60%. Allianz tinued to lead, followed by AgeSA Hayat ve Emeklilik, Viennal-
Sigorta retained its second place with a premium production of ife Emeklilik ve Hayat, Anadolu Hayat Emeklilik, and Garanti
TRY 54.721 billion and a market share of 9.49%, while Anad- BBVA Emeklilik ve Hayat.