Türkiye Sigorta and Türkiye Hayat Emeklilik 5th Ordinary General Assembly Meeting

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The 5th Ordinary General Assembly Meeting of Türkiye Sigorta and Türkiye Hayat Emeklilik

The 5th Ordinary General Assembly Meetings of Türkiye Sigorta and Türkiye Hayat Emeklilik were conducted on April 25, at their headquarters in Levent, Istanbul. This assembly was pivotal, as it not only reviewed the financial performance but also laid out strategic plans for the upcoming period. The meeting saw the re-election of Aziz Murat Uluğ as the Chairman of the Board and Taha Çakmak as the Vice Chairman, who also serves as the General Manager.

Leadership Structure and Board Changes

In addition to the existing leadership, the assembly brought some changes to the board. Mahmut Kaçar was introduced as a new Board Member, and Yavuz Kaynarca joined as an Independent Member. Furthermore, Bilal Bedir, Prof. Dr. Murat Akbalık, and Ayşe Türkmenoğlu retained their positions as Board Members, with the latter two serving as Independent Members.

A New Era with a Focus on Sustainable Growth

General Manager Taha Çakmak emphasized the company’s strong beginning in 2025, maintaining leadership in the sector. The first quarter of 2025 showed significant growth, with non-life branch gross premium production soaring by 47% to surpass TL 41 billion, and the life branch reaching TL 6.872 billion, marking a 134% increase from the previous year. The company also enhanced its leadership in voluntary PPS and OCS fund size, achieving TL 314.1 billion, including a 63% growth with state contributions.

Çakmak highlighted their financial achievements, stating, “According to the results of the first quarter of 2025, the total net profit of Türkiye Sigorta and Türkiye Hayat Emeklilik companies exceeded TL 8 billion. These figures reflect the success of our strategy centered on sustainable profitability and the robustness of our financial structure.”

He further noted the company’s strength in balance sheets, dynamic product offerings, and a digital-focused service approach, which collectively enable the company to elevate industry standards consistently. Çakmak concluded by reaffirming their commitment to boosting the national economy and providing long-term value to stakeholders, emphasizing continued growth momentum with a focus on customer satisfaction and operational efficiency.