Turkish Reinsurance increased its net profit for 2024 by 146%.

Foreks - Turkish Reasürans successfully maintained its strong financial performance in 2024, increasing its net profit by 146% to reach 3.1 billion TL. The company strengthened its sustainable growth and solid financial structure while fulfilling its responsibilities in the Turkish reinsurance market.

Completing its fifth year with strong financial results, Turkish Reasürans solidified its leadership position by underwriting 56% of the premiums written in the Turkish market for reinsurance as of 2024. The company enhanced its technical profitability by 157%, surpassing 3.8 billion TL, while its pre-tax profit rose to 4.3 billion TL. With a tenfold increase in its founding capital over five years, it boosted its equity to 6 billion TL and achieved a return on equity of 70.6%, reinforcing its contribution to the insurance sector.