Asset size of Anadolu Hayat Emeklilik exceeds 31 billion TL
 
 

 

Celebrating its 30th anniversary this year, Anadolu Sigorta announced the financial results for the second quarter. The company increased its asset size by 37% in the second quarter of 2020 compared to the same period of last year.

 

Yılmaz Ertürk, General Manager of Anadolu Hayat Emeklilik, commented on the second quarter results of 2020. “We have gone through challenging times when the coronavirus pandemic impacted our lives in Turkey and the rest of the world. We observe that our participants have increased their awareness about the importance of savings during this period, and this resulted in an increased importance for the individual pension system (BES). As of 30 June 2020, number of participants in the pension system including the auto-enrollment exceeded 13 million people, while total fund size approached 150 million TL. Customer assets in life insurance reached 12 billion TL,” he said.  

 

Anadolu Hayat Emeklilik’s total assets exceeded 31 billion TL, and total fund size in individual pension and life insurance had reached 29 billion TL in the second quarter of 2020; while net profit of the company was reported as 251 million TL. Shareholders’ equity of the company stood at 1.26 billion TL.

 

“In 2020, when we are celebrating our 30th anniversary, we have seen successful results in terms of growth, market share and market value thanks to our activities that focused on our main targets. We are the market leader of number of participants and fund size in Individual Pension System (these results include both voluntary pension and auto-enrollment). We keep growing over market averages in life insurance. We are the most valuable insurance company whose shares are listed in Istanbul Stock Exchange. As the most popular insurance company of the market, we are really proud to be the leading the company of our industry with innovative products and services that focus on digitalization and perfecting customer experience. We began selling our Youth Pension Plan, Investment for Future Pension Plan and Standard Critical Illness Insurance online via our corporate website. FonMatik ROBO, our robotic consultancy service that invests individual pension accumulations in the most appropriate funds for each investor’s character and automatically modifies fund distributions according to market conditions, has been preferred by thousands of participants in a short span of time. As Anadolu Hayat Emeklilik, we will keep introducing changes to the industry and shaping the futures of our customers.  Hereby, I would like to thank all our employees, agents, brokers, partners, customers and investors who have always supported us during our journey of 30 years,” said Yılmaz Ertürk.

 
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