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Milli Reasurans Turk A.S. (Turkiye)

Main Activities: Direct Life, Health, and Medical Insurance Carriers
Full name: Milli Reasurans Turk 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

Milli Reasurans T.A.S. is a treaty reinsurer operating in the short-term lines of fire, engineering, motor, and marine. The company was the first private company to conduct compulsory cessions in each line of business, contributing to the discipline and viability of the national insurance industry. The company's Singapore branch handles reinsurance business in the Asia Pacific region, excluding South Asia. Milli Reasurans T.A.S. also collaborates with the Association of Turkish Insurance and Reinsurance Companies to create sectoral data for academic studies in insurance.

Headquarters
Isbankasi Kuleleri D:21 No:14 Levent Mahallesi Meltem Sokak Besiktas
Istanbul; Marmara; Postal Code: 34330

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

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
July 20, 1929
Key Executives
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Chairman
Ownership Details
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10.54%
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5.88%
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2.49%
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2.49%
Company Performance
Financial values in the chart are available after Milli Reasurans Turk 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
N/A
Operating profit (EBIT)
37.84%
Net Profit (Loss) for the Period
37.84%
Total assets
57.32%
Investments
32.81%
Receivables
-31.88%
Total equity
60.66%
Net Premiums Earned Trend
-347.17%
Net Profit Trend
N/A
Return on Equity (ROE)
-5.12%

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