News Middle East05 Feb 2026

Turkiye:Life insurance giant cements market leadership with 67% surge in net profits in 2025

| 05 Feb 2026

Life and pension insurer Turkiye Hayat Emeklilik has chalked up net profits of TRY15.5bn for the financial year ended 31 December 2025, a 67% increase year on year.

Technical profits rose by 79% to TRY13.6bn in 2025 compared to 2024, according to local media reports.

The company’s life insurance premium income grew to TRY29.3bn in 2025, surging by 105% compared to 2024.

Turkiye Hayat Emeklilik's equity increased by 73% to TRY31.9bn as of the end of December 2025. Return on equity was 62% in 2025.

The life and pension company also saw its private pension funds increase by 82% to TRY494.1bn as of 31 December 2025 compared to 12 months previously.

Turkiye Hayat Emeklilik is the country's biggest life insurer, formed from the merger in 2020 of state-owned life companies, Vakif Emeklilik, Halk Emeklilik, and Ziraat Emeklilik. It commands a market share of 21% in the private pension sector and has a 16% market share in life insurance. 

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