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Allianz Sigorta A.S. (Turkiye)

Main Activities: Direct Life, Health, and Medical Insurance Carriers
Full name: Allianz Sigorta Anonim Sirketi Profile Updated: August 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Allianz Sigorta Anonim Sirketi is a company located in Istanbul, Turkey. It was incorporated in 1923 under the name of Şark Sigorta and has been operating as part of the Allianz Group since 2008. Allianz Turkey consists of Allianz Sigorta, Allianz Yaşam ve Emeklilik, and Allianz Hayat ve Emeklilik, offering elementary insurance, private pension, and life insurance services. In 2022, Allianz Turkey recorded a premium and contribution margin production of 36.4 billion Turkish liras. The company's headquarters is located in the 'Allianz Tower' in Istanbul, with its operations center in 'Allianz Campus' in Izmir. Allianz Turkey aims to raise social risk awareness through its establishment.

Headquarters
Allianz Tower No:1 Kucukbakkalkoy Mahallesi Kayisdagi Caddesi Atasehir
Istanbul; Marmara; Postal Code: 34750

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Website: http://www.allianz.com.tr

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
September 22, 1927
Key Executives
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Chairman
Ownership Details
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84%
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10%
Subsidiaries
Magdeburger Sigorta A.S.
80%
Company Performance
Financial values in the chart are available after Allianz Sigorta A.S. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TRY. Absolute financial data is included in the purchased report.
Net insurance premium revenue
51.9%
Operating profit (EBIT)
77.18%
Net Profit (Loss) for the Period
65.99%
Total assets
73.28%
Investments
47.38%
Receivables
64.27%
Total equity
80.03%
Net Premiums Earned Trend
-398.92%
Net Profit Trend
-260.4%
Return on Equity (ROE)
-2.35%

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