Application of participation insurance in turkey, comparative situation analysis with traditional insurance

The main purpose of this thesis is to examine the current situation of participation insurance in Turkey. For this purpose, a situation analysis was carried out within the scope of participation insurance data published by the Turkish Insurance Association. In the study, while the total premium production data in the sector covers the years 2014-2023, the premium production and market share data examined on a company basis covers the years 2018-2023. As a result of the research, it was determined that participation insurance premium production increased approximately 64 times from 2014 to the end of 2023. It was concluded that participation insurance premium production in 2020 and 2021, covering the Covid-19 period, decreased by almost half compared to 2018 and 2019. It was determined that in 2022, participation insurance premium productions increased by a record 120% compared to 2021. It was concluded that within the scope of the 2014-2023 period, the highest share of participation insurance in the entire sector was realized in 2020 and 2021 with 5.20%. In the research, the company with the highest market share and premium production in the participation insurance sector in the period between 2018 and 2023 is "Neova Katılım Sigorta A.Ş." It was determined that it was followed by "Bereket Sigorta A.Ş."