Record profitability in the first quarter from Türkiye Sigorta and Türkiye Hayat Emeklilik

Türkiye Sigorta and Türkiye Hayat Emeklilik reached record profitability in the first quarter of the year, in line with their strong financial structure and sustainable growth strategy. While Türkiye Sigorta increased its net profit to 6 billion 429 million TL in the first quarter of 2026, with an increase of 42 percent compared to the same period of the previous year, Türkiye Hayat Emeklilik also reached a net profit of 5 billion 325 million TL, with an increase of 52 percent. Thus, the two companies achieved record profitability with a total net profit of 11 billion 755 million TL in the first quarter.

Türkiye Sigorta achieved a technical profit of 6 billion 891 million TL, an increase of 30 percent compared to the same period last year, while Türkiye Hayat Emeklilik achieved a technical profit of 2 billion 827 million TL, an increase of 52 percent. While Türkiye Sigorta's return on equity ratio was 48 percent, Türkiye Hayat Emeklilik showed a strong performance of 63 percent in this field.

“We once again demonstrated our ability to manage growth in a balanced manner with competitive pricing”

They underlined that in line with their vision of fighting inflation and accessible insurance, they did not increase the prices of individual motor insurance and health insurance in the first quarter of this year and provided ease of payment to their insured with the opportunity of 12 installments. Drawn by Taha Çakmak, "While insurance inflation was at 2 per thousand in March, monthly inflation in health insurance was -5 percent. There was a limited increase of 5 per thousand in the transportation (cash insurance and compulsory traffic) branch. In the first quarter of the year, there was an increase of 5.7 billion TL in health insurance, and a 36 percent increase in the insurance branch." "We have once again demonstrated our ability to manage growth in a balanced manner with competitive pricing by reaching a premium production of 5.3 billion TL. In line with our vision of fighting inflation and insurance for everyone, we recorded strong growth in our individual motor insurance and health insurance in the first quarter without increasing prices," said Taha Çakmak, General Manager of Türkiye Sigorta, stating that they positioned making insurance accessible to everyone as a strategic priority. and stated that Türkiye Hayat Emeklilik will determinedly continue its sustainable growth with its inclusive products and services. Emphasizing that they made insurance accessible to everyone with their vision of new customer acquisition and accessibility, Çakmak stated that they adopted a balanced approach in pricing strategies and created a structure in favor of customers with price increases below inflation. 

“We continue to strengthen our balance sheet structure”

Taha Çakmak, in his evaluation of the first quarter financial results, stated that they continued to strengthen their balance sheets with sustainable growth and high profitability performance, and that Türkiye Sigorta managed to keep its combined ratio at 90.26 percent and Türkiye Hayat Emeklilik's at 62 percent in the first quarter. 

Çakmak continued his words as follows: "Türkiye Sigorta increased its asset size by 17.3 percent to 184 billion 146 million TL in the first quarter of this year compared to the end of 2025, and Türkiye Hayat Emeklilik increased by 6.3 percent to 584 billion 263 million TL. It is publicly traded with a market value of 3.3 billion dollars." In addition to being a strong company, we are proud to be the only insurance company in BIST 50. As Türkiye Sigorta, we will distribute cash dividends worth 3 billion TL. At the same time, we are increasing our capital from 10 billion TL to 20 billion TL. We will distribute dividends worth 3 billion TL, and we are increasing our company capital from 5 billion TL to 10 billion TL.We are pleased to share these successes we have achieved with our strong balance sheet and sustainable growth strategy with transparency with our stakeholders, and we continue to add value to our country's economy, our shareholders and all our stakeholders."

"While consolidating our leadership in Life and Pension, we are widening the gap between us and our closest competitor."

Taha Çakmak, Türkiye Hayat Emeklilik, which maintains its leadership in BES, will have a better life in the first quarter of 2026 compared to the same period of the previous year. He emphasized that they achieved premium production in the branch with a 54 percent increase to 10.6 billion TL, and that they strengthened their leadership in the sector by reaching 525.1 billionTL with a 67 percent increase compared to the same period of the previous year, including the voluntary BES and OKS fund size state contribution. Drawn by ÇakmakHe said, "While we reinforce our sector leadership, especially in Life and Pension, we continue to widen the gap between us and our closest rival by continuing our real growth."