GIG Insurance achieved 7.75 billion TL in premium revenue in 2025, marking strong growth and performance in the insurance sector.
According to the 12-month consolidated data for 2025 published by the Turkish Insurance Association, GIG Sigorta AŞ, operating in the non-life (elementary) field, concluded the year in 24th position among sector participants. The company achieved a total premium volume of 7,751,675,822 TL (7.75 billion TL) in 2025. Compared to the total of 7.39 billion TL in 2024, this represents a nominal growth of 4.79% and a -19.94% real change
Following these results, GIG Sigorta’s share in the non-life insurance market declined from 1.00% to 0.74% year over year.
Based on the data provided by the TSB, the company’s premium generation metrics across its major insurance branches were recorded as follows:
1. Decline in the General Losses Segment
The “General Losses” category, which includes sub-branches such as engineering and agricultural insurance, experienced a reduction in 2025. Total production reached 3,411,914,330 TL, placing the company 8th in the industry. Premium volume in this area dropped by 17.76% nominally and by 37.17% in real terms, significantly affecting the firm’s overall market share.
2. Fire and Natural Disasters Segment
In the fire and natural disaster insurance branch, GIG Sigorta increased its output in nominal terms, though inflation-adjusted figures showed minimal change. Premium production amounted to 1,672,566,474 TL, ranking the company 17th in the market. Year-on-year, this reflected a 30.04% nominal rise and a -0.65% real variation, while the branch maintained a 1.01% market share.
3. Notable Growth in Land Vehicles (Comprehensive) Segment
The motor insurance category produced the company’s strongest growth indicators. Premium production stood at 239,114,278 TL, placing GIG in 29th position within the sector. Compared with the previous year, there was a 72.56% nominal increase, corresponding to a 31.84% real expansion after inflation adjustment.
4. Land Vehicles Liability (Traffic)
Although production in the traffic insurance segment remained relatively modest, it exhibited a substantial rate of proportional growth. Production reached 28,875,687 TL, securing the 31st position in the market. Compared to 2024, this branch increased more than fourfold, marking a 360% nominal uptick.
Total Premium Output: 7,751,675,822 TL (Nominal +4.79%, Real -19.94%)
Market Share: 0.74%
Overall Ranking: 24
Highest Volume Segment: General Losses (-17.76% nominal, -37.17% real)
Strongest Real Growth: Land Vehicles (Comprehensive) +72.56% nominal, +31.84% real
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