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Turk Reasurans A.S. (Turkiye)

Main Activities: Reinsurance Carriers
Full name: Turk Reasurans Anonim Sirketi Profile Updated: November 05, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Turk Reasurans Anonim Sirketi is a company located in Istanbul, Turkey. It was established on September 6, 2019, as a result of an amendment to the Turkish Insurance Law. The company's main objective is to increase local reinsurance capacity and ensure resource efficiency in the insurance industry. Turk Reasurans has a capital of 600 million Turkish Lira, which was provided by the Ministry of Treasury and Finance of the Turkish Republic. As part of the New Economy Program, the company aims to contribute to the "Economic Balancing" and "Healthy and Sustainable Growth" targets in the Turkish insurance sector.

Headquarters
Ak Ofis D:1 No:8 Inkilap Mahallesi Dr. Adnan Buyukdeniz Caddesi Umraniye
Istanbul; Marmara; Postal Code: 34768

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Website: http://www.turkreasurans.com.tr

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
2019
Key Executives
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Chairman
Company Performance
Financial values in the chart are available after Turk Reasurans A.S. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TRY. Absolute financial data is included in the purchased report.
Net insurance premium revenue
361.55%
Operating profit (EBIT)
391.3%
Net Profit (Loss) for the Period
404.8%
Total assets
70.92%
Investments
455.05%
Receivables
306.26%
Total equity
111.51%
Net Premiums Earned Trend
64.39%
Net Profit Trend
338.53%
Return on Equity (ROE)
8.44%

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