In 2021, the net loss ratio of non-life insurances reached 87 percent overall. Motor insurance had the highest net loss ratio among all, amounting to 103 percent. It was followed by marine insurance, totaling 76.3 percent.
Net loss ratio of non-life insurers in Turkey in 2021, by class of business
*Including inland, marine and aviation transportation.
**Including general liability, credit, bond, financial losses, legal protection and assistance.
***Including natural disasters and other property damage.
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Atlas Magazine. (April 11, 2023). Net loss ratio of non-life insurers in Turkey in 2021, by class of business [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1399381/turkey-net-loss-ratio-of-non-life-insurers-by-business/
Atlas Magazine. "Net loss ratio of non-life insurers in Turkey in 2021, by class of business." Chart. April 11, 2023. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1399381/turkey-net-loss-ratio-of-non-life-insurers-by-business/
Atlas Magazine. (2023). Net loss ratio of non-life insurers in Turkey in 2021, by class of business. Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1399381/turkey-net-loss-ratio-of-non-life-insurers-by-business/
Atlas Magazine. "Net Loss Ratio of Non-life Insurers in Turkey in 2021, by Class of Business." Statista, Statista Inc., 11 Apr 2023, https://www.statista.com/statistics/1399381/turkey-net-loss-ratio-of-non-life-insurers-by-business/
Atlas Magazine, Net loss ratio of non-life insurers in Turkey in 2021, by class of business Statista, https://www.statista.com/statistics/1399381/turkey-net-loss-ratio-of-non-life-insurers-by-business/ (last visited January 06, 2025)
Net loss ratio of non-life insurers in Turkey in 2021, by class of business [Graph], Atlas Magazine, April 11, 2023. [Online]. Available: https://www.statista.com/statistics/1399381/turkey-net-loss-ratio-of-non-life-insurers-by-business/
