Türkiye Sigorta's highest monthly premium production in the sector

Türkiye Sigorta increased its total premium production by 152 per cent in November, breaking a record with TL 51 billion in production and maintaining its leadership in the sector. Emphasising the strength of the company, Taha Çakmak, General Manager of Türkiye Sigorta, stated that they believe in the country's set growth targets and that they make great efforts to deliver insurance products to the public while providing assurance to strategic assets.

Türkiye Sigorta increased its total premium production by 152 per cent in November, breaking a record with TL 51 billion in production and maintaining its leadership in the sector. Emphasising the strength of the company, Taha Çakmak, General Manager of Türkiye Sigorta, stated that they believe in the country's set growth targets and that they make great efforts to deliver insurance products to the public while providing assurance to strategic assets.

Çakmak stated that they realised the highest monthly premium production in the history of the sector with a premium production of TL 6.6 billion in November. Turkey Insurance increased its total premiums by 152 per cent year-on-year in November, reaching TL 51 billion, with a 17 per cent market share on a monthly basis.

Commenting on this achievement, General Manager Çakmak said, "With the confidence we have in our country and the assurances we provide to our strategic assets, we achieved the highest performance in the history of the sector in November. This is a great pride for us as Turkey's leading insurance company."

Çakmak stated that the company maintained its pioneering position in the sector by recording 1600 per cent growth in engineering, 549 per cent growth in sickness/health, 315 per cent growth in motor insurance and 247 per cent growth in fire branch in November. He also added that Türkiye Sigorta increased its market share to 15 percent in the August-November period and gained a significant advantage over its competitors.

Çakmak emphasised that they continue to make a difference in the sector with collaborations and competitive products, increase penetration with accessible products such as Complementary Health Insurance and Comprehensive Motor Insurance, and support Turkey's strong institutions. With its record premium production in November, Türkiye Sigorta continues its efforts to contribute to the national economy and its people.

27 Ara 2023 - 23:31 - English

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