Financial Indicators (TL Million) | 2020 | 2021 |
Premium Production | 5,272 | 6,988 |
Incurred Claims | 1,765 | 3,050 |
Technical Profit (Technical Part Balance) | 710 | 336 |
Profit Before Tax | 562 | 295 |
Net Profit | 444 | 189 |
Capital | 306 | 306 |
Shareholders’ Equity | 1,201 | 1,049 |
Total Assets | 5,600 | 7,388 |
Capital Solvency Ratios | 2020 | 2021 |
Written Premiums/Shareholders’ Equity | 439% | 666% |
Shareholders’ Equity/Total Assets | 21% | 14% |
Operational Ratios (Non-Life) | 2020 | 2021 |
Retention Ratio | 56% | 54% |
Loss Ratio (Net) | 65% | 93% |
Combined Ratio (Net) | 89% | 117% |
Profitability Ratios | 2020 | 2021 |
Technical Profit (Technical Part Balance)/Written Premiums | 13% | 5% |
Profit Before Tax/Written Premiums | 11% | 4% |
Net Profit/Written Premiums | 8% | 3% |
Return on Equity (RoE) | 41% | 17% |
Number of Employees | 668 | 672 |