Türk Reasürans

Turk re logoDATE OF CREATION: : 2019, Turkey
CLASS OF BUSINESS: Non life
MAIN UNDERWRITING ZONES: Middle East and Asia

Türk Reasürans: contact

Adress : Saray Mah. Dr. Adnan Büyükdeniz Cad. Ak Ofis No:8/1 Kat:734768 Umraniye, Istanbul, Turkey
Tel : +90 216 225 9600
Email : info [at] turkre [dot] com
Site web : www.turkreasurans.com.tr

Türk Reasürans: main indicators

In thousands USD
 20202021
Turnover139 896158 794
Shareholder's equity62 34077 867
Net result11 14519 031

Türk Reasürans: turnover 2021 by class of business

In thousands USD
 PremiumsIn %
Property damage115 52072.75%
Fire and natural disasters29 18718.38%
Marine and aviation4 5332.86%
Credit3 5542.24%
General liability 3 1812.00%
Accident1 3410.84%
Other risks (1)1 4780.93%
Total158 794100%

(1) Including motor, direct bail, financial losses and legal protection

Türk Reasürans: capital et shareholding

ShareholdersIn %Share capital
Ministry of Treasury and Finance100%52 344

Türk Reasürans: technical ratios

 20202021
Net loss ratio57.3%59%
Net management expenses ratio29.7%32%
Net combined ratio87%91%

Türk Reasürans: management

Ahmet GençChairman of the board
Selva ErenGeneral manager
Erdal TurgutDeputy general manager - finance, treasury and fund management, retrocession
Çağrı ÇulhaDeputy general manager - extraordinary risks and business development
H. Erdem KarabostanDeputy general manager - project and technology management, HR, claims, modeling
Ebru KırDeputy general manager - local treaty acceptance and facultative reinsurance

Exchange rate as at 31/12/2020: 1 TRY = 0.13557 USD ; 31/12/2021: 1 TRY = 0.08724 USD
Source : Türk Reasürans

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