Grading and evaluation of insurance companies in Turkey

The purpose of this study is to compare the current data of the insurance companies in the sector and to test their position and statutory status within the sector. There is no study on this subject in the literature studies that have been made, and in this respect the study is original. Firstly, the sectors are subject to a hierarchical clustering analysis among themselves and a cluster of companies is provided (best, good, medium, bad, worst) so that each cluster will show a different status. It is emphasized that it is important that the insurance companies operating in the sector do not make much sense to sort within themselves and that they should be classified in the rating within the sector. In the first part of the study, the historical development of insurance was examined. The reader was informed with general information about the years covered. In this light of information, information on real growth of the sector, premium productions and compensation payments are given. The second part of the work is the method part. The methods used at the company rating and the method of the research are mentioned. In the third section, Findings, the results of the analysis applied for years are interpreted. Finally, in the conclusions and suggestions section, decisions and suggestions were made about the companies as a result of the study. As a result of the study, is to observe whether the companies have changed with years of change.