AKSigorta Annual Report 2018

Financial Highlights

Financial Indicators (TL Million) 2017 2018
Gross Written Premiums 2,636 3,417
Claims Paid 842 1,341
Technical Profit (Technical Part Balance) 214 368
Profit Before Tax 167 294
Net Profit 127 228
Paid-in Capital 306 306
Shareholders' Equity 629 718
Total Assets 2,713 3,515
Capital Solvency Ratios 2017 2018
Written Premiums/Shareholders' Equity 419% 476%
Shareholders' Equity/Total Assets 23% 20%
Capital Adequacy Ratio 137% 131%*
Operational Ratios (Non-Life) 2017 2018
Retention Ratio 59% 59%
Loss Ratio (Net) 66% 74%
Combined Ratio 97% 100%
Profitability Ratios 2017 2018
Technical Profit/Written Premiums 8% 11%
Profit Before Tax/Written premiums 6% 9%
Net Profit/Written Premiums 5% 7%
Return on Equity (ROE) 23% 34%

* As of December 31, 2018 calculation