Insurance in Turkey and main problems of the sector

Yıl 2016, Cilt: 1 Sayı: 2, 50 - 57, 09.10.2016

Alaattin Firat

Öz

In this study, by handling private insurance sector in Turkey and the problems of the sector as a whole, the last stage that
the insurance business in Turkey has reached has been evaluated. Basically, because of the fact that the most of the people had fatalistic
understanding, religious leaders approached the concept of insurance negatively and adequate information hadn’t been gotten about
insurance, the settlement of the idea of insurance in Turkey came true after 150 years later, at the end of 19. Century compared with
Europe. As a result of changing conditions, Turkey is in 63rd in accordance with the insurance density on the world countries’ rank,
and is in 39th rank in accordance with the primary production. In spite of this, when we examine the studies according to per person
criteria, it is seen that the premium rate per person in Turkey is fortieth level among developed countries. The top reason of the fact that
insurance business in Turkey hasn’t risen to the requested level is that there is still fatalistic society understanding; and also, the fact
that insurance understanding hasn’t been settled, and hitching and late payment on damage payments of insurance firms, and not having
an effective promotion and marketing understanding are seen as the primary reasons. Despite of these negative factors, in Turkey being
an developing country, the insurance sector has a potential to show at least a threefold improvement from todays’ position in a short
time in case of precautions to be taken by state and applying these precautions by seriousness.

Anahtar Kelimeler

Insurance, Insurance in Turkey, insurance sector, the problems of insurance sector, the features of the insurance sectors.

Kaynakça

• Aran, A. (2007). Development Planning in Turkey and Social Security Reform. Turkish Administrative Magazine. Issue 456.