Turkey:State-owned insurer posts nearly US$120m in net profit in 2021

By MEIR team | 14 Feb 2022

Turkiye Life & Health Property & Casualty Financial Performance

State-owned Turkiye Sigorta has recorded a net profit of TRY1.58bn ($117m) in 2021. This represents a 37% jump over 2020 when the company, which is Turkey's largest insurer, posted net profit of TRY1.15bn (2020: net profit growth 39%).

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