Turkiye Sigorta made a fast start to 2024

In the first two months of the year, Türkiye Sigorta increased its total premium production by 160 per cent and made a fast start to the year with premium production of TL 19.3 billion.

In the first two months of the year, Türkiye Sigorta increased its total premium production by 160 per cent and made a fast start to the year with premium production of TL 19.3 billion.

Taha Çakmak, General Manager of Türkiye Sigorta, said: "As of February, we increased our premium production by 160 per cent compared to the same period of the previous year; we reached TL 19.3 billion and carried our financial success even further in line with our sustainable profitability strategy. In 2024, we will continue our financial success and continue to provide assurance to our country's strategic investments and the individual risks of our people. We will also continue to benefit our investors. "he said.

In the period between 1 January - 29 February 2024, Türkiye Sigorta increased its total premium production by 160% compared to the same period of the previous year, reaching TL 19.3 billion and continued to strengthen its success story.

Taha Çakmak, General Manager of Türkiye Sigorta, said: "In the first two months of 2024, we continue our balanced financial growth alongside our strong premium production. We are proud to maintain our sector leadership with our competitive prices and tailor-made products that prioritise customer experience."

Çakmak continued his words as follows: "We maintain our role as a playmaker by increasing our market share especially in motor insurance and health branches among the individual product groups; we maintain our leadership in fire and natural disasters branch. In January and February, we reached a total premium production of TL 4.2 billion in fire and natural disasters with a positive change of 176 percent. In the motor insurance branch, we generated TL 1.7 billion in premium production with an increase of 216 per cent, while in the sickness/health branch, we generated TL 2.3 billion in premium production with a high growth of 261 per cent. In the general losses branch, which mainly includes agricultural insurance, we reached TL 5.9 billion in production with an increase of 126 per cent and continued to support the country's agriculture."

Emphasising once again that Türkiye Sigorta has been one of the companies distributing dividends for three years since its foundation, Çakmak also stated that they will continue to stand by the investors.

Stable Growth in Premium Production

Compared to the same period of the previous year, Turkey Insurance achieved a premium production of TL 5.9 billion in general losses branch with an increase of 126 per cent. On the basis of other branches; TL 818 million in aircraft, TL 812 million in aircraft liability and TL 658 million in accident branch.


Translated with DeepL.com (free version)

14 Mar 2024 - 14:02 - English

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