Non-life insurance includes property, motor, accident, general liability, legal, marine, aviation and transit insurance. In 2018, the insurance companies in Germany's non-life segment registered the highest total expenses at approximately 35.8 billion euros. Expense ratios indicate how total expenses relate to premiums earned. While Germany, France and the United Kingdom (UK) are the largest non-life insurance markets, the Netherlands, Iceland and Liechtenstein are the ones with the lowest expense ratios.
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Turkey Insurance Sector: AIRC: PR: NC: NL: Marine data was reported at 416,220.875 TRY th in Jun 2018. This records an increase from the previous number of 362,029.300 TRY th for May 2018. Turkey Insurance Sector: AIRC: PR: NC: NL: Marine data is updated monthly, averaging 235,849.491 TRY th from Jul 2008 (Median) to Jun 2018, with 120 observations. The data reached an all-time high of 651,957.892 TRY th in Dec 2017 and a record low of 26,679.707 TRY th in Jan 2009. Turkey Insurance Sector: AIRC: PR: NC: NL: Marine data remains active status in CEIC and is reported by Turkish Treasury. The data is categorized under Global Database’s Turkey – Table TR.Z033: Insurance: Association of Insurance and Reinsurance Comp: Premiums: ytd.
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Product Market size is rising upward in the past few years And it is estimated that the market will grow significantly in the forecasted period
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2017-2030 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2025-2030 |
HISTORICAL PERIOD | 2017-2024 |
UNIT | VALUE (USD MILLION) |
KEY COMPANIES PROFILED | Progressive Corporation, Travelers Group, AXA, Sompo Japan, Liberty Mutual Group, Tokyo Marine, Zurich, Old Republic International, Nationwide, Aviva, Mitsui Sumitomo Insurance, Assicurazioni Generali, Berkshire Hathaway, Chubb, AmTrust NGH, MAPFRE, Auto-Owners Insurance, PICC, Ping An, CPIC |
SEGMENTS COVERED | By Product Type - Liability Insurance, Physical Damage Insurance, Others By Application - Taxi, Bus, Truck Fleet, Other By Sales Channels - Direct Channel, Distribution Channel By Geography - North America, Europe, Asia-Pacific, South America, Middle East and Africa |
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Turkey Insurance Sector: AIRC: PR: NC: HO: NL: Marine data was reported at 38,005.065 TRY th in Jun 2018. This records an increase from the previous number of 35,181.772 TRY th for May 2018. Turkey Insurance Sector: AIRC: PR: NC: HO: NL: Marine data is updated monthly, averaging 24,029.480 TRY th from Jul 2008 (Median) to Jun 2018, with 120 observations. The data reached an all-time high of 51,836.244 TRY th in Dec 2017 and a record low of 3,446.947 TRY th in Jan 2010. Turkey Insurance Sector: AIRC: PR: NC: HO: NL: Marine data remains active status in CEIC and is reported by Turkish Treasury. The data is categorized under Global Database’s Turkey – Table TR.Z034: Insurance: Association of Insurance and Reinsurance Comp: Distribution Channels: ytd.
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Non-life insurance includes property, motor, accident, general liability, legal, marine, aviation and transit insurance. In 2018, the insurance companies in Germany's non-life segment registered the highest total expenses at approximately 35.8 billion euros. Expense ratios indicate how total expenses relate to premiums earned. While Germany, France and the United Kingdom (UK) are the largest non-life insurance markets, the Netherlands, Iceland and Liechtenstein are the ones with the lowest expense ratios.