Anadolu Hayat Emeklilik reported its financial results for the first half of 2017. Asset size of the company reached 16.1 billion TL, growing by 22 percent over the first half of previous year.

M. Uğur Erkan, General Manager of Anadolu Hayat Emeklilik, evaluated the first half results of the year in following words: “During this time, when supporting national economy has become even more important, Anadolu Hayat Emeklilik has continued to take necessary actions in providing uninterrupted support for the markets we operate in.”

According to the statistics announced by Pension Monitoring Center as of 30 June 2017, Anadolu Hayat Emeklilik has reached an asset size of 16.1 billion TL including state subsidy funds with a market share of 19 percent in private pension segment. The company has continued to hold the largest size of state subsidy funds compared to its rivals; and maintained its leadership position with 1.3 million pension contracts and certificates.

Pioneering the life insurance segment with policyholder assets standing at 1.7 billion TL, Anadolu Hayat Emeklilik increased its premium production by 31 percent over the same period of last year. Its written premiums reached 282.6 million TL as of the first half of 2017, once again repeating its continuous successful growth performance in this area.

Anadolu Hayat Emeklilik reported a gross profit of 141.2 million TL for the first six months of the year, up by 29 percent over the same period of previous year. Net profits increased to 114.8 million TL, growing by 33 percent. Shareholders equity stood at 840.4 million TL; and the company once more proved its undeniable market leadership in terms of asset size by reaching the size of 16.1 billion TL.  Technical profit, the indicator of efficiency of main operations, grew by 51 percent compared to the previous year and reached 95 million TL.

General Manager M. Uğur Erkan said: “With the sense of responsibility brought by its robust and leading position in its market, our company will continue its operations in line with sustainable development and with the aim of increasing its contribution to the national economy.”