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| DATE OF CREATION: : 2019, Turkey |
| CLASS OF BUSINESS: Non life | |
| MAIN UNDERWRITING ZONES: Middle East and Asia |
Türk Reasürans: contact
| Adress : Saray Mah. Dr. Adnan Büyükdeniz Cad. Ak Ofis No:8/1 Kat:734768 Umraniye, Istanbul, Turkey |
| Tel : +90 216 225 9600 |
| Email : info@turkre.com |
| Site web : www.turkreasurans.com.tr |
Türk Reasürans: main indicators
In thousands USD| 2020 | 2021 | |
| Turnover | 139 896 | 158 794 |
| Shareholder's equity | 62 340 | 77 867 |
| Net result | 11 145 | 19 031 |
Türk Reasürans: turnover 2021 by class of business
In thousands USD| Premiums | In % | |
| Property damage | 115 520 | 72.75% |
| Fire and natural disasters | 29 187 | 18.38% |
| Marine and aviation | 4 533 | 2.86% |
| Credit | 3 554 | 2.24% |
| General liability | 3 181 | 2.00% |
| Accident | 1 341 | 0.84% |
| Other risks (1) | 1 478 | 0.93% |
| Total | 158 794 | 100% |
(1) Including motor, direct bail, financial losses and legal protection
Türk Reasürans: capital et shareholding
| Shareholders | In % | Share capital |
| Ministry of Treasury and Finance | 100% | 52 344 |
Türk Reasürans: technical ratios
| 2020 | 2021 | |
| Net loss ratio | 57.3% | 59% |
| Net management expenses ratio | 29.7% | 32% |
| Net combined ratio | 87% | 91% |
Türk Reasürans: management
| Ahmet Genç | Chairman of the board |
| Selva Eren | General manager |
| Erdal Turgut | Deputy general manager - finance, treasury and fund management, retrocession |
| Çağrı Çulha | Deputy general manager - extraordinary risks and business development |
| H. Erdem Karabostan | Deputy general manager - project and technology management, HR, claims, modeling |
| Ebru Kır | Deputy general manager - local treaty acceptance and facultative reinsurance |
Exchange rate as at 31/12/2020: 1 TRY = 0.13557 USD ; 31/12/2021: 1 TRY = 0.08724 USD
Source : Türk Reasürans
Read also | Insurance companies in Turkey