Aksigorta Annual Report 2019
Financial Highlights
| Financial Indicators (TL Million) | 2018 | 2019 |
| Premium Production | 3,417 | 4,474 |
| Incurred Claims | 1,341 | 1,544 |
| Technical Profit (Technical Part Balance) | 368 | 585 |
| Profit Before Tax | 294 | 492 |
| Net Profit | 228 | 366 |
| Capital | 306 | 306 |
| Shareholders’ Equity | 718 | 899 |
| Total Assets | 3,515 | 4,608 |
| Capital Solvency Ratios | 2018 | 2019 |
| Written Premiums/Shareholders’ Equity | 476% | 498% |
| Shareholders’ Equity/Total Assets | 20% | 20% |
| Solvency Ratio | 131% | 129%* |
| Operational Ratios (Non-Life) | 2018 | 2019 |
| Retention Ratio | 59% | 58% |
| Loss Ratio (Net) | 74% | 69% |
| Combined Ratio (Net) | 100% | 95% |
| Profitability Ratios | 2018 | 2019 |
| Technical Profit (Technical Part Balance)/Written Premiums | 11% | 13% |
| Profit Before Tax | 9% | 11% |
| Net Profit/Written Premiums | 7% | 8% |
| Return on Equity (ROE) | 34% | 45% |
* As of December 31, 2019 calculation
