Abstract:

The aim of this study is to evaluate the performance of the Turkish insurance sector for the period 2002-2021. In the study, six performance criteria were determined for the assessment of the performance of the Turkish insurance sector. The study used a total of four different methods, two different criteria weighting methods and two different performance assessment methods. The criteria are used by the MEREC and LOPCOW methods. COCOSO and EDAS methods are used in performance assessment. The results obtained from two different criteria weighting methods are combined with the common weighting method. According to the criterion weighting results, the most important criteria are identified as the total paid compensations, the total capital and the total assets. According to the performance assessment results, the year in which the best performance was achieved in the COCOSO and EDAS method is 2020. Another result was that, except for the best alternative period (2020) in the COCOSO and EDAS methods, other alternatives were very different.

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