Page 21 - Turkinsurance Digital Magazine

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Technical profit and loss in pension Technical profit of state-supported agricultural insurance
reached 11 million 963 thousand USD, and engineering insur-
segment by years (million USD) ance reached 2 million 507 thousand USD. Premiums written
in state-supported agricultural insurance exceeded 44 million
23 679 thousand USD, while premiums written in engineering in-
surance reached 40 million 679 thousand USD.
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Significant profit in motor, accident and fire
17
branches

Highest profitability of the first quarter of 2020 was reported
in the motor own damage branch according to USD-based re-
sults, with 99 million 710 thousand USD; which was followed
7
by accident branch with 50 million 383 thousand USD, and
fire and natural forces with 40 million 201 thousand USD.
First quarter’s profitability was 37 million 322 thousand USD
1 in sickness/health, 21 million 583 thousand USD in general
losses, 18 million 118 thousand USD in land vehicles liabili-
2016 Q4 2017 Q4 2018 Q4 2019 Q4 2020 Q4 ty, 13 million 28 thousand in marine, 5 million 467 thousand
USD in legal protection, 2 million 34 thousand USD in finan-
cial losses, 822 thousand USD in credit, and 72 thousand USD
in aviation liability.

Technical profit and loss in traffic and motor own damage

branches by years (million USD)

100
19 47
20 18 24 9 Motor own damage
-12 Traffıc
-49 -55

2016 Q1 2017 Q1 2018 Q1 2019 Q1 2020Q1

Technical profit and loss in selected branches by first quarters (USD)

Accident Land Vehicles General Losses Land Vehicles Marine Fire And Natural Sickness/Health Legal Protection Financial Losses Aviation Liability Bond Insurance Credit General Liability
Liability Forces
2016 Q1 15,698,882 19,954,731 6,892,216 -45,867,695 7,577,188 13,111,455 2,357,911 2,243,358 779,332 -142,923 -17,050 -3,932,468 -4,904,194
2017 Q1 23,556,634 19,153,943 9,355,123 21,352,312 6,379,254 14,102,515 8,803,891 4,271,528 681,740 -50,026 -521,486 -245,029 -15,460,862

2018 Q1 32,400,028 23,785,992 14,380,363 -687,115 9,022,856 31,185,923 10,762,919 6,882,416 2,546,236 145,401 1,266,761 190,884 4,704,216
2019 Q1 42,165,329 46,725,266 26,439,429 -54,320,247 11,930,470 21,115,760 23,821,187 6,798,454 2,969,290 389,445 46,568 -2,015,454 5,322,721
2020 Q1 50,383,590 99,710,524 21,583,044 18,118,132 13,028,107 40,201,780 37,322,760 5,467,682 2,034,800 72,945 1,208,672 822,393 -5,828,841