Türkiye Sigorta and Türkiye Hayat Emeklilik Achieve a Record Net Profit of TL 35 Billion

Türkiye Sigorta and Türkiye Hayat Emeklilik maintained their steady growth in 2025, achieving a record profitability of TL 35 billion. The two companies increased their market value from approximately USD 900 million in 2020 to USD 5.8 billion as of the end of 2025.

In 2025, Türkiye Sigorta and Türkiye Hayat Emeklilik further strengthened their leadership in the sector through a customer-oriented approach, an extensive service network, and innovative products. Established in September 2020 by the Türkiye Wealth Fund (Türkiye Varlık Fonu) with an investment of USD 900 million, Türkiye Sigorta and Türkiye Hayat Emeklilik reached a market value of USD 5.8 billion at the end of five years, becoming pioneers in the life and non-life insurance sectors.

“We grew by uniting, and by growing, we succeeded throughout our five-year journey”

Stating that, in addition to sustainable financial success, they aim to facilitate access to insurance and increase the number of insured individuals through need-oriented products, Türkiye Sigorta General Manager Taha Çakmak made the following remarks: “As Türkiye Sigorta, throughout our five-year journey, we have taken our inspiration from our country, just like our name, and summarized this journey with five concepts: Unification, Growth, Success, Togetherness, and One Step Beyond… We grew by uniting; by growing, we succeeded together. By completing 2025 with a strong closing, we both broke our own records and delivered a performance above the sector average. In the non-life insurance sector, we generated premium production of TL 147.1 billion, creating a premium gap of approximately TL 32 billion compared to our closest competitor. In terms of BES fund size, we reached TL 494.1 billion, achieving a fund size TL 92 billion higher than that of the nearest competitor. We doubled our life insurance premium production, achieving premiums of TL 29.3 billion. With all these achievements, we are pleased to maintain our leadership across all branches. Compared to the overall sector, one out of every five policies in the fire insurance branch is under the coverage of Türkiye Sigorta. In addition, the number of insured customers in individual products such as health and motor own damage (kasko) insurance continues to increase day by day. As of year-end, we exceeded 1 million policies in health insurance and approached 1 million policies in motor own damage insurance.”

“We are making insurance more accessible for everyone with a pricing policy below inflation”

Stating that they have adopted a pricing policy below inflation in line with their goal of making insurance accessible to everyone, Taha Çakmak continued as follows: “In 2025, as Türkiye Sigorta, we launched campaigns supporting our policyholders’ budgets and offering payment convenience through our 12-installment at cash price and discount applications for motor own damage (kasko), home (konut), and health insurance. On the Türkiye Hayat Emeklilik side, we supported our participants’ savings with additional benefit campaigns of up to TL 20,000. Through these campaigns, we not only provide payment convenience but also demonstrate an approach that makes our customers’ lives easier and reflects our social responsibility.”

“We are continuing with 2025 prices in individual motor own damage and health insurance in the first quarter”

Taha Çakmak emphasized that there would be no price increases in the first quarter, stating: “Among our individual products, in the motor own damage (kasko) and health product group, we have decided to proceed with 2025 prices without implementing any price increases in the first quarter of 2026, in order to facilitate accessibility and availability of insurance by taking our customers’ needs and expectations into account. In addition, in line with our goal of providing payment convenience to our citizens, we continue our 12-installment practice for individual motor own damage, health, and home insurance.”

“We increased our catastrophe protection from USD 1.8 billion to USD 2.4 billion”

Stating that they are aware of the natural disaster risks in the country and have increased their protection capacity accordingly, Taha Çakmak said: “We are aware of our country’s catastrophic risks, and by conducting the necessary risk analyses, we provide protection for our country and our people. With our strong reinsurance capacity, we once again made our mark in 2025 with record production and profitability in the corporate and commercial segments. While our catastrophe protection capacity stood at USD 1.8 billion in 2025, it has reached USD 2.4 billion this year. Our reinsurance capacity in fire insurance is USD 190 million, while our reinsurance capacity in construction insurance is at the level of USD 138 million.”

“We made a difference by delivering strong returns to our participants”

Also commenting on the financial performance of Türkiye Hayat Emeklilik, Çakmak stated: “As of year-end, by reaching a fund size of approximately USD 11.5 billion, we provided resources to our country’s economy and contributed to savings. While the sector’s average fund return was 58% in 2025, we delivered an average return of 65% to our participants, achieving returns above the sector average.”

Emphasizing that they also stand out through the diversity of investment instruments offered to participants, in addition to fund size and fund returns, Çakmak said: “From gold to equities, and from lease certificates to agriculture and food pension investment funds, we enrich the fund portfolios we offer to our participants with innovative themes through a wide range of funds. With 48 funds suitable for every investment profile and fund sizes ranging from TL 10 million to TL 100 billion, we have the broadest fund range in the sector.”

“We are raising our service quality above sector standards”

Stating that one of the key focus areas for Türkiye Sigorta and Türkiye Hayat Emeklilik is improving service quality, Çakmak continued as follows: “As a first in the sector, we are taking the assurance we provide to our policyholders even further by committing to the use of 100% original spare parts in individual motor own damage (kasko) claims. In the motor insurance branch, we grant repair approval for 90% of claims within the first five days and complete 40% of repairs within 15 days, prioritizing customer satisfaction. Thanks to our extensive network of contracted healthcare institutions across Türkiye and our artificial intelligence-supported fast authorization service, we continue to be ‘the assurance of millions in health insurance.’ In the health branch, we assess 90% of applications within 5 seconds with the support of artificial intelligence, and the remaining applications within an average of 4 minutes and 51 seconds. Among our focuses for 2026 are improving and perfecting customer experience and operational processes. In this regard, we still have a long way to go. Our goal is to complete our customers’ operational processes in less than two days.”

“We distribute sustainable dividends with our strong equity structure and capital discipline”

Taha Çakmak stated: “With our vision of making insurance accessible and attainable for everyone, we provide coverage to millions of individuals and businesses and continue to make sustainable contributions to the national economy. Since September 2020, we have distributed USD 465 million in dividends, corresponding to TL 11.2 billion. With our strong equity structure and capital discipline, we continue to distribute sustainable dividends. In 2026, we aim to achieve balanced growth with market leadership, a strong balance sheet and sustainable profitability, increased accessibility and social impact, as well as enhanced digital leadership and customer experience.”

“Increased its profitability 13-fold in five years”

Compared to the same period of the previous year, Türkiye Sigorta increased its net profit by 53% to TL 19.4 billion, while premium production rose by 45% to TL 147.1 billion. Türkiye Hayat Emeklilik, as of the end of 2025, achieved a fund size of TL 494.1 billion with an 82% increase compared to the same period of the previous year, reached 5 million participants, and recorded a net profit of TL 15.5 billion with a 67% increase. Life insurance premium production grew by 105% compared to the same period of the previous year, reaching TL 29.3 billion, while the number of policies increased to 7.1 million.

The two companies achieved a total net profit of TL 35 billion, representing a growth of 59% compared to the same period of the previous year. Thus, by surpassing the previous year’s net profit of TL 22 billion, they once again broke their own record. Increasing their profitability 13-fold over five years, they reached a profit of TL 35 billion in 2025.

Türkiye Sigorta, which generated technical profit for eight consecutive quarters, achieved a 129% increase in technical profit to TL 9.6 billion by year-end and an 80% increase in equity to TL 51.6 billion. Türkiye Hayat Emeklilik, on the other hand, recorded a 79% increase in technical profit to TL 13.6 billion and a 73% increase in equity to TL 31.9 billion. For both companies, the combined ratio has remained below 100% for the past two years, while return on equity stood at 48% for Türkiye Sigorta and 62% for Türkiye Hayat Emeklilik.