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Turkiye Sigorta A.S. (Turkiye)

Main Activities: Insurance Carriers | Direct Life, Health, and Medical Insurance Carriers
Full name: Turkiye Sigorta Anonim Sirketi Profile Updated: July 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Established in 1957, Gunes Sigorta is engaged in insurance sector, especially in fire, accident, engineering and agriculture areas. The company has a widespread agencies network, with 11 regional offices, 6 financial regional offices, 2 representative offices, and approximately 2,600 agencies. The main shareholders of Gunes Sigorta are VakifBank and Groupama. in 2020 the company name was changed to Turkiye Sigorta Anonim Sirketi

Headquarters
Buyukdere St. Gunes Plaza No:110, Esentepe-Sisli
Istanbul; Marmara; Postal Code: 34394

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
September 17, 1957
Key Executives
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Chairman
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Vice Chairman
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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18.9%
Subsidiaries
Osem Sertifikasyon AS
100%
Turk P ve I Sigorta AS
50%
Turkiye Hayat ve Emeklilik AS
7.36%
Company Performance
Financial values in the chart are available after Turkiye Sigorta 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
385.69%▲
Operating profit (EBIT)
85.11%▲
Net Profit (Loss) for the Period
89.45%▲
Total assets
31.32%▲
Investments
-76.08%▼
Receivables
102.16%▲
Total equity
59.73%▲
Net Premiums Earned Trend
-1611.67%▼
Net Profit Trend
-797.92%▼
Return on Equity (ROE)
7.75%▲

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