Milli Re celebrates its 97th anniversary
Milli Re, which has been contributing to the development of the Turkish insurance industry since 1929, welcomes its 97th anniversary with important steps that strengthen its corporate transformation vision. The company combines nearly a century of corporate experience with the needs of the future; It is preparing for its second century with its renewed corporate identity, new corporate website, updated mission and vision, digital transformation investments and strong financial structure.
Milli Reasürans brings together its 97-year-long history with the transformation dynamics of the age; It continues its corporate transformation with determination, with its financial strength, international experience, digital transformation vision, sustainability approach and understanding of creating social value. The company, which has assumed a strategic role by strengthening the risk-bearing capacity of the Turkish economy for nearly a century, is restructuring its corporate heritage, shaped on the basis of trust and stability, to adapt to the needs of the future.
Updating its mission and vision within the scope of the corporate transformation process and renewing its corporate identity and corporate website, Milli Re continues its activities with the aim of guiding the local market and becoming a preferred strategic business partner on a global scale. The company aims to increase the competitiveness of its business partners and generate sustainable value in the country's economy with high value-added reinsurance solutions.
Digital transformation and sustainability form the basis of the future
As Milli Re prepares for its second century, it positions digitalization and sustainability as the basic elements of its strategic transformation. It aims to offer faster and more effective reinsurance solutions to its customers while increasing its operational efficiency in line with the simplification of processes, dissemination of automation applications, big data analytics, artificial intelligence-supported risk modeling and pricing systems and information security investments.
Publishing its second sustainability report in compliance with Turkish Sustainability Reporting Standards (TSRS), Milli Re became the first reinsurance company in Türkiye to announce a measurable climate target within the scope of TSRS, increasing the share of renewable energy in its discretionary acceptance portfolio. It aims to increase by 1.5 percent in 2026 compared to the base year 2025. Integrating climate risks into risk management, investment decisions and business acceptance processes, the company continues to produce long-term value with its sustainability-oriented approach.
Fikret Utku Özdemir: "We are preparing for our second century with confidence"
Milli Reasürans General Manager Fikret Utku Özdemir said the following in his evaluation of the company's new era vision:
"We are ready for our second century with the strength we draw from our nearly century-old history." Our priority is not only to grow, but also to carry our strong capital structure, technical expertise and corporate know-how into the future in a way that creates sustainable value. We launched our new website, which focuses on user experience, as we celebrate our 97th anniversary. Our renewed mission and vision and our work in the field of corporate transformation support this approach. We continue our investments in digitalization, data analytics, artificial intelligence and sustainability with determination. "We will continue to grow. We will continue to create long-term value for our country's economy, the insurance industry and all our stakeholders, as we have done so far."
