In 2023, the financial losses segment of non-life insurance had the highest loss ratio in Turkey, totaling 189.5 percent. It was followed closely by fire and natural disaster insurance, with nearly 189 percent loss ratio. On the other hand, both rail vehicles and support insurance recorded zero percent loss ratios in the same year.
Loss ratio of non-life insurance in Turkey in 2023, by segment
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Insurance Association of Türkiye. (August 21, 2024). Loss ratio of non-life insurance in Turkey in 2023, by segment [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1423481/turkey-non-life-insurance-loss-ratio-by-segment/
Insurance Association of Türkiye. "Loss ratio of non-life insurance in Turkey in 2023, by segment." Chart. August 21, 2024. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1423481/turkey-non-life-insurance-loss-ratio-by-segment/
Insurance Association of Türkiye. (2024). Loss ratio of non-life insurance in Turkey in 2023, by segment. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1423481/turkey-non-life-insurance-loss-ratio-by-segment/
Insurance Association of Türkiye. "Loss Ratio of Non-life Insurance in Turkey in 2023, by Segment." Statista, Statista Inc., 21 Aug 2024, https://www.statista.com/statistics/1423481/turkey-non-life-insurance-loss-ratio-by-segment/
Insurance Association of Türkiye, Loss ratio of non-life insurance in Turkey in 2023, by segment Statista, https://www.statista.com/statistics/1423481/turkey-non-life-insurance-loss-ratio-by-segment/ (last visited December 03, 2024)
Loss ratio of non-life insurance in Turkey in 2023, by segment [Graph], Insurance Association of Türkiye, August 21, 2024. [Online]. Available: https://www.statista.com/statistics/1423481/turkey-non-life-insurance-loss-ratio-by-segment/