News Middle East07 Apr 2026

Turkiye:Govt-owned reinsurer posts 16% increase in net profit in 2025

| 07 Apr 2026

State-owned Turk Reasurans (Turk Re) has reported that its net profit reached TRY3.6bn ($80.8m) for 2025, a 16% jump compared to 2024, maintaining its growth momentum, according to a company statement.

Gross written premiums exceeded TRY23.1bn in 2025, a 35% increase compared to the previous year. The company increased its technical production capacity through effective risk acceptance performance across 15 main branches.

Net investment income from a diversified investment portfolio shot up by 55% in 2025, reaching approximately TRY4.5bn.

Turk Re's total assets reached TRY28.3bn as of 31 December 2025, representing a 6% increase compared to the end of the previous year. The company, which was founded in September 2019 with a capital of TRY600tn injected by the Ministry of Treasury and Finance, showed that its equity increased to around TRY10.1bn by the end of 2025.

In Turkiye, the 12-month average inflation rate in 2025 was around 34.90%, showing a significant decline from the 58.5% average seen in 2024.

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