Referans Sigorta’s Remarkable Financial Transformation
Referans Sigorta, Turkey’s oldest insurance company formerly known as Generali Sigorta, has been revitalized under the ownership of Kiler Holding. Operating with renewed vigor and vision, the company has become a beacon of transformation, now aptly named Referans Sigorta. The firm’s equity capital, which stood at 265 million TL at the close of 2024, has impressively surged to 1 billion 200 million TL, thanks to Kiler Holding’s robust financial backing.
Ambitious Mission as the ‘Reference Point’ in Insurance
Positioned to become the ‘Reference Point’ of the insurance industry, Referans Sigorta’s equity capital growth of over 4.5 times underscores its ambition and strength. This financial evolution serves as a clear indicator of the company’s intent to carve out a leading position within the sector.
Confidence and Vision for the Future
Oğuz Karahançer, General Manager of Referans Sigorta, highlighted the company’s robust transformation under Kiler Holding’s stewardship. He remarked, “Our transformation from Generali Sigorta, with an equity capital of TL 265 million, to TL 1 billion 200 million underlines not just financial prowess, but our steadfast belief in a sustainable future and strategic foresight.”
Looking Ahead: Continued Growth and Sector Leadership
Karahançer further emphasized that this achievement marks the strategic steps towards becoming a dominant player in the insurance sector. He confidently projected that the equity capital would continue its upward trajectory, surpassing 2 billion TL by year’s end. “Having Kiler Holding, our parent company, as a supportive pillar on this journey strengthens our resolve and ambition to emerge as the ‘new name of trust’ in the insurance industry,” he added.
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