Personal Accident and Health Insurance in Turkey, Key Trends and Opportunities to 2018


#209536

228pages

Timetric

$ 1950

In Stock


Synopsis

The report provides in-depth market analysis, information and insights into the Turkish personal accident and health insurance segment, including:
  • The Turkish personal accident and health insurance segment’s growth prospects by insurance categories 
  • Key trends and drivers for the personal accident and health insurance segment 
  • The various distribution channels in the Turkish personal accident and health insurance segment
  • The detailed competitive landscape in the personal accident and health insurance segment in Turkey
  • Detailed regulatory policies of the Turkish insurance industry
  • A description of the personal accident and health reinsurance segment in Turkey
  • Porter's Five Forces analysis of the personal accident and health insurance segment
  • A benchmarking section on the Turkish life insurance segment in comparison with other countries with gross written premiums in the US$10–40 billion range.

Summary

The Turkish personal accident and health insurance segment recorded impressive growth during the review period (2009−2013) due to the healthcare reforms during 2003–2013. The gross written premium of the Turkish personal accident and health insurance segment increased at a review-period compound annual growth rate (CAGR) of 14.6%. 
Over the forecast period (2013−2018), the personal accident and health segment is expected to register a CAGR of 12.2%. Government’s emphasis on improving healthcare system of the country, changing demographics such as high working age population, and an overall increase in healthcare costs are all expected to supplement growth of the Turkish personal accident and health segment over the forecast period. 

Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in Turkey:
  • It provides historical values for the Turkish personal accident and health insurance segment for the report’s 2009–2013 review period and forecast figures for the 2013–2018 forecast period.
  • It offers a detailed analysis of the key sub-segments in Turkish personal accident and health insurance segment, along with market forecasts until 2018.
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions.
  • It analyses the various distribution channels for personal accident and health insurance products in Turkey.
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Turkey for the personal accident and health insurance segment.
  • It provides a detailed analysis of the reinsurance segment in Turkey and its growth prospects.
  • It profiles the top personal accident and health insurance companies in Turkey and outlines the key regulations affecting them.

Reasons To Buy

  • Make strategic business decisions using in depth historic and forecast market data related to the Turkish personal accident and health insurance segment and each category within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Turkish personal accident and health insurance segment
  • Assess the competitive dynamics in the personal accident and health insurance segment, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the Turkish insurance segment and its impact on companies and the market's future

Key Highlights

  • The Turkish personal accident and health insurance segment recorded impressive growth during the review period (2009−2013) due to the healthcare reforms during 2003–2013.
  • Unlike other countries in Europe, Turkey has a large working-age population, and only a small proportion of the population is aged over 65 years. 
  • The relatively low life expectancy and high infant mortality rates in Turkey, as compared to other OECD countries, forced the government to implement healthcare reforms. 
  • Basic health insurance cover and certain supplementary insurance classes have been compulsory since January 1, 2012, under the Universal Health Coverage (UHC) program.
  • However, not all healthcare services are provided by the public system, which is primarily available in urban areas targeting most of the population.