Milli Reasurans (Milli Re) has posted a 65% surge in net profits to TRY9.78bn ($221.1m) for the financial year ended 31 December 2025, compared to 2024. Premiums totalled TRY16.2bn in 2025, around 10% higher than in 2024.
Mr Fikret Utku Ozdemir, Milli Re General Manager, stated in his assessment of the company's 2025 performance that the company maintained its strong position both in the Turkish reinsurance market and in international markets.
Mr Ozdemir said that Milli Re was involved in the placements of 17 different insurance companies as of the end of 2025 and maintained its leadership in 12 of them.
He said that in the 2026 renewals, the company's market share in proportional reinsurance protection increased from 18% to 19.5%, further strengthening its position. He said, "We will continue to move forward with the goal of profitable and sustainable growth in 2026.