Financial Highlights

Financial Indicators (TL Million) 2019 2020
Premium Production 4,474 5,272
Incurred Claims 1,544 1,781
Technical Profit (Technical Part Balance) 584 695
Profit Before Tax 474 555
Net Profit 366 432
Capital 306 306
Shareholders' Equity 899 1,123
Total Assets 4,608 5,620
Capital Solvency Ratios 2019 2020
Written Premiums/Shareholders’ Equity 498% 469%
Shareholders’ Equity/Total Assets 20% 20%
Solvency Ratio 129% 128%
Operational Ratios (Non-Life) 2019 2020
Retention Ratio 58% 56%
Loss Ratio (Net) 69% 65%
Combined Ratio (Net) 95% 89%
Profitability Ratios 2019 2020
Technical Profit (Technical Part Balance)/Written Premiums 13% 13%
Profit Before Tax/Written Premiums 11% 11%
Net Profit/Written Premiums 8% 8%
Return on Equity (RoE) 45% 43%
The Number of Employees 664 668