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Garanti Emeklilik Ve Hayat A.S. (Turkiye)

Main Activities: Insurance Carriers | Direct Life, Health, and Medical Insurance Carriers
Full name: Garanti Emeklilik Ve Hayat Anonim Sirketi Profile Updated: November 05, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Garanti Emeklilik Ve Hayat Anonim Sirketi, located in Istanbul, is a pension and life insurance company. It was founded in 1992 and obtained permission to operate as a pension company in 2002. The company quickly became a leader in the sector through a synergistic cooperation with its main shareholder, Garanti BBVA. In 2007, Garanti Emeklilik signed a partnership agreement with Achmea, a strong insurance company in Europe, allowing them to offer a variety of products in Europe. The company is known for effectively utilizing bancassurance and providing fast and extensive services to customers through its 12 regional offices and nearly 1000 Garanti BBVA branches. Customer satisfaction is a priority for the company, and they aim to provide financial returns and guidance to ensure customer happiness. Garanti Emeklilik's main competitive advantages include the strength of the Garanti BBVA brand, a customer-focused approach, a strong technological infrastructure, reinsurance capacity, a robust capital and financial structure, effective use of bancassurance, superiority in alternative distribution channels, and a creative and competent workforce.

Headquarters
Barbaros Bulvari No:96-1 Nisbetiye Mahallesi Besiktas
Istanbul; Marmara; Postal Code: 34340

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

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
July 24, 1992
Key Executives
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Chairman
Ownership Details
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15%
Company Performance
Financial values in the chart are available after Garanti Emeklilik Ve Hayat 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
118.37%
Net fee and commission income
129.97%
Operating profit (EBIT)
129.29%
Net Profit (Loss) for the Period
125.57%
Total assets
70.69%
Investments
103.18%
Receivables
69.23%
Total equity
83.64%
Net Premiums Earned Trend
12.42%
Net Profit Trend
27.34%
Return on Equity (ROE)
11.47%

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