Magdeburger İnsurance Reaches 8.6 Billion TL Premium Production in 2025

Magdeburger Sigorta achieves 8.6 billion TL premium production in 2025, marking strong growth and success in the insurance market.

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Magdeburger İnsurance Reaches 8.6 Billion TL Premium Production in 2025

Steady Premium Growth in 2025

According to the 12-month cumulative data for 2025 released by the Turkish Insurance Association (TSB), Magdeburger Insurance Inc. maintained consistent growth across its non-life insurance segments, reaching a total premium production of 8 billion 603 million TL. Compared with the same period last year, the company’s nominal growth stood at 37.18%.

Remarkable Real Growth in Traffic Insurance

Among the company’s key lines, Motor Vehicle Liability (Traffic) insurance achieved notable progress. Magdeburger Insurance expanded its premium volume in this branch by 58.53% year-on-year, attaining 3 billion 768 million TL. Adjusted for inflation, the real increase in this category reached 21.11%. The company’s market share in the traffic segment was recorded at 1.22%.

Decline in Comprehensive Insurance, Over 100% Increase in General Losses

The Motor Vehicle Insurance (Comprehensive) branch showed a more moderate trend. Premium production in this segment totaled 2 billion 596 million TL, reflecting a nominal rise of 4.24%. After adjusting for inflation, this represented a 20.36% real contraction. Conversely, the “General Losses” branch delivered outstanding results, with premium production surging by 103.62% year-over-year to reach 341 million TL, resulting in a real growth rate of 55.57%.

Strong Performance in the Fire Insurance Branch

Magdeburger Insurance also surpassed the market average in the Fire and Natural Disasters category. Premium production in this branch rose from 399 million TL to 664 million TL. The nominal growth was 66.05%, while the real expansion reached 26.86%.

Industry Position

Based on the published data, Magdeburger Insurance Inc. completed 2025 ranked 22nd among non-life insurance companies, securing a total market share of 0.82%.

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