Türkiye Sigorta's 11-month gross premium production increased by 152 per cent year-on-year

Maintaining its strong growth performance, the Company increased its gross premium production to TL 50.8 billion as of the end of November 2023, representing a record monthly production of TL 6.6 billion.

Maintaining its strong growth performance, the Company increased its gross premium production to TL 50.8 billion as of the end of November 2023, representing a record monthly production of TL 6.6 billion.

While monthly gross premium production increased by 170 per cent compared to the same period of the previous year, health, motor insurance, fire and natural disasters and general losses stand out among the branches that made the biggest contribution. Health branch increased by 549 percent, motor insurance by 315 percent, fire and natural disasters by 214 percent and general losses by 187 percent.

With this remarkable performance, Türkiye Sigorta's total gross premium production increased by 152 percent year-on-year to reach TL 50.8 billion. While the health branch generated TL 2.7 billion in premiums with an annual increase of 285 percent, the motor insurance branch reached TL 7.1 billion with an increase of 241 percent. The fire and natural disasters and accident branches generated a total of TL 11.4 billion and TL 3.5 billion in premiums with an annual increase of 230% and 208%, respectively. The general losses branch, on the other hand, recorded an annual growth of 100 percent in November, especially with the increase in agricultural insurances, and reached TL 12.1 billion in premium production.

Translate: DeepL

25 Ara 2023 - 14:44 - English

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