In the first two months of 2026, Turkey’s non-life insurance sector recorded gross premium income of 231 billion Turkish lira, representing a 28 per cent increase compared with the same period of the previous year. This corresponds to an absolute rise of approximately 51 billion lira over the twelve-month period. The figures underline the continued expansion of the country’s general insurance market.
The growth has been supported by rising demand across key segments, including health, motor, property, fire, and natural disaster insurance. These lines of business continue to drive the overall development of the non-life insurance sector in Turkey.
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Market overview and key indicators
Where sufficient data is available, key sector indicators for 2025 and early 2026 are summarised below:
| Indicator | Value | Period | Change/Share |
|---|---|---|---|
| Total non-life premiums | 231 billion TL | First 2 months 2026 | +28% YoY |
| Absolute increase | ~51 billion TL | Year-on-year | — |
| Top 5 insurers premiums | 119 billion TL | First 2 months 2026 | 52% market share |
| Top 5 market share | 52% | 2026 (first 2 months) | Up from 48% in 2025 |
| Total sector premiums | 1.044 trillion TL | 2025 | +41% vs 2024 |
| Türkiye Sigorta premiums | 147.1 billion TL | 2025 | +45% YoY |
| Türkiye Sigorta share | ~16% | 2026 (first 2 months) | Up from 14% |
| Health insurance share | 28% | 2026 (first 2 months) | Largest segment |
| Health insurance premiums | ~66 billion TL | 2026 (first 2 months) | — |
Leading insurers and market structure
State-owned Türkiye Sigorta remained the leading non-life insurer in Turkey. In 2025, it generated 147.1 billion lira in premiums, marking a 45 per cent annual increase. Its market share stood at 14 per cent in 2025 and rose to approximately 16 per cent in the first two months of 2026, supported by its broad customer base and diversified product portfolio.
Allianz Sigorta ranked second, maintaining a strong position particularly in the health insurance segment. Anadolu Sigorta, backed by İşbank, held third place with a stable market share of around 9 per cent, reflecting consistent performance across motor, health, fire, and disaster-related insurance products.
AXA Sigorta and HDI Sigorta shared fourth and fifth positions respectively, each holding approximately 7 per cent market share. AXA maintained a strong presence in corporate, commercial, and personal insurance lines, while HDI remained active particularly in motor liability and motor damage insurance products.
Sector composition and dynamics
Health insurance emerged as the largest segment of Turkey’s non-life market in early 2026, accounting for 28 per cent of total premiums, equivalent to approximately 66 billion lira. This growth has been linked to rising healthcare costs, increased awareness of personal health protection, and greater access to medical services.
Other significant segments include motor third-party liability insurance, general losses, fire and natural disaster insurance, and motor own damage coverage. These lines remain closely connected to Turkey’s broader economic structure, including transport, urbanisation, infrastructure, and industrial activity.
Although a large number of insurers operate in the Turkish market, premium income remains concentrated among leading companies. The top five insurers accounted for 52 per cent of total premiums in the first two months of 2026, indicating increased market concentration compared with 48 per cent in 2025.
Industry outlook and structural factors
The expansion of Turkey’s non-life insurance market is closely associated with broader economic and structural factors, including increasing awareness of insurance products, the growth of digital distribution channels, and rising demand for risk protection across households and businesses.
Digital platforms have contributed to simplified policy purchase, renewal, and claims processing, while also expanding the customer base. As the economy continues to grow and diversify, demand for insurance coverage across health, motor, property, and commercial sectors is also increasing.
According to industry reporting cited from Middle East Insurance Review, 2026 is expected to be an important year for digital transformation, risk management, and structural development within Turkey’s insurance sector.
Overall, the 28 per cent growth recorded in early 2026 highlights the continued strengthening of Turkey’s non-life insurance market, driven by health insurance expansion, sustained motor insurance demand, and the increasing role of leading insurers in a progressively competitive environment.