Insurance companies in Turkey: 2021 ranking
Turnover per non-life companies : 2020-2021
Figures in thousands| Companies | 2021 turnover | 2020 turnover | 2020-2021 evolution (1) | 2021 shares | ||
|---|---|---|---|---|---|---|
| TRY | USD | TRY | USD | |||
| Türkiye Sigorta | 11 749 647 | 1 025 039 | 8 887 128 | 1 204 828 | 32.21% | 11.20% |
| Anadolu Anonim Türk Sigorta Şirketi | 10 735 252 | 936 543 | 8 015 704 | 1 086 689 | 33.93% | 10.23% |
| Allianz Sigorta | 9 854 148 | 859 676 | 8 135 361 | 1 102 911 | 21.13% | 9.39% |
| Aksigorta | 6 987 621 | 609 600 | 5 272 142 | 714 744 | 32.54% | 6.66% |
| Axa Sigorta | 5 923 589 | 516 774 | 4 657 374 | 631 400 | 27.19% | 5.65% |
| HDI Sigorta | 4 808 378 | 419 483 | 3 475 894 | 471 227 | 38.34% | 4.58% |
| Sompo Sigorta | 3 455 290 | 301 440 | 3 332 713 | 451 816 | 3.68% | 3.29% |
| Mapfre Sigorta | 3 207 448 | 279 818 | 2 561 333 | 347 240 | 25.23% | 3.06% |
| Neova Katılım Sigorta | 2 648 373 | 231 044 | 1 899 271 | 257 484 | 39.44% | 2.52% |
| Eureko Sigorta | 2 565 437 | 223 809 | 1 836 042 | 248 912 | 39.73% | 2.45% |
| Bupa Acıbadem Sigorta | 2 232 176 | 194 735 | 1 839 049 | 249 320 | 21.38% | 2.13% |
| Ray Sigorta | 2 220 372 | 193 705 | 1 699 439 | 230 393 | 30.65% | 2.12% |
| Doğa Sigorta | 2 143 340 | 186 985 | 1 781 055 | 241 458 | 20.34% | 2.04% |
| Bereket Sigorta | 2 080 840 | 181 533 | 1 419 237 | 192 406 | 46.62% | 1.98% |
| Groupama Sigorta | 1 768 423 | 154 277 | 1 381 947 | 187 351 | 27.97% | 1.69% |
| Ethica Sigorta | 1 654 451 | 144 334 | 1 586 092 | 215 026 | 4.31% | 1.58% |
| Quick Sigorta | 1 585 962 | 138 359 | 1 610 357 | 218 316 | -1.51% | 1.51% |
| Unico Sigorta | 1 263 271 | 110 208 | 745 409 | 101 055 | 69.47% | 1.20% |
| Zurich Sigorta | 1 099 964 | 95 961 | 988 312 | 133 985 | 11.30% | 1.05% |
| Türk Nippon Sigorta | 1 035 600 | 90 346 | 837 375 | 113 523 | 23.67% | 0.99% |
| Ankara Anonim Türk Sigorta Şirketi | 975 616 | 85 113 | 648 720 | 87 947 | 50.39% | 0.93% |
| Gulf Sigorta | 912 707 | 79 625 | 584 051 | 79 180 | 56.27% | 0.87% |
| Chubb European Group. Istambul | 865 635 | 75 518 | 729 390 | 98 883 | 18.68% | 0.83% |
| Koru Sigorta | 710 845 | 62 014 | 643 412 | 87 227 | 10.48% | 0.68% |
| Corpus Sigorta | 492 936 | 43 004 | 406 424 | 55 099 | 21.29% | 0.47% |
| BNP Paribas Cardif Sigorta | 484 439 | 42 263 | 240 539 | 32 610 | 101.40% | 0.46% |
| Şeker Sigorta | 468 273 | 40 852 | 403 002 | 54 635 | 16.20% | 0.45% |
| Dubai Sigorta | 397 724 | 34 697 | 298 180 | 40 424 | 33.38% | 0.38% |
| Magdeburger Sigorta | 387 783 | 33 830 | 332 524 | 45 080 | 16.62% | 0.37% |
| Generali Sigorta | 296 659 | 25 881 | 231 747 | 31 418 | 28.01% | 0.28% |
| Top 30 total | 85 012 199 | 7 416 466 | 66 479 223 | 9 012 587 | 27.88% | 81.04% |
| Rest of the market (2) | 2 551 748 | 222 613 | 1 673 255 | 226 845 | 52.50% | 2.43% |
| Non-life total | 87 563 947 | 7 639 079 | 68 152 478 | 9 239 432 | 28.48% | 83.47% |
(1) Growth rate in local currency
(2) 11 companies
Turnover per life companies (1) : 2020-2021
Figures in thousands| Companies | 2021 turnover | 2020 turnover | 2020-2021 evolution (2) | 2021 shares | ||
|---|---|---|---|---|---|---|
| TRY | USD | TRY | USD | |||
| Türkiye Hayat ve Emeklilik | 3 948 446 | 344 462 | 4 188 832 | 567 880 | -5.74% | 3.76% |
| AgeSa Emeklilik ve Hayat(Ex. AvivaSA AŞ) | 2 020 099 | 176 233 | 1 331 872 | 180 562 | 51.67% | 1.93% |
| Anadolu Hayat Emeklilik | 1 969 830 | 171 848 | 1 685 081 | 228 446 | 16.90% | 1.88% |
| Allianz Yaşam ve Emeklilik | 1 871 473 | 163 267 | 1 457 740 | 197 626 | 28.38% | 1.78% |
| Metlife Emeklilik ve Hayat | 1 791 682 | 156 306 | 1 623 276 | 220 068 | 10.37% | 1.71% |
| Aegon Emeklilik ve Hayat | 1 632 996 | 142 463 | 1 006 475 | 136 448 | 62.25% | 1.56% |
| Garanti Emeklilik ve Hayat | 1 456 675 | 127 080 | 1 111 761 | 150 721 | 31.02% | 1.39% |
| Cigna Finans Emeklilik ve Hayat | 1 105 277 | 96 424 | 923 160 | 125 153 | 19.73% | 1.05% |
| Fiba Emeklilik ve Hayat | 606 657 | 52 925 | 451 096 | 61 155 | 34.49% | 0.58% |
| BNP Paribas Cardif Emeklilik | 315 139 | 27 493 | 315 139 | 42 723 | 0.00% | 0.30% |
| Top 10 total | 16 718 274 | 1 458 501 | 14 094 432 | 1 910 782 | 18.62% | 15.94% |
| Rest of the market (3) | 619 290 | 54 028 | 336 890 | 45 672 | 83.83% | 0.59% |
| Life total | 17 337 564 | 1 512 529 | 14 431 322 | 1 956 454 | 20.14% | 16.53% |
(1) Including pension funds
(2) Growth rate in local currency
(3) 10 companies
Exchange rate as at 31/12/2021 : 1 TRY = 0.08724 USD ; as at 31/12/2020 : 1 TRY = 0.13557 USD
Read also | Turkish insurance market
