PRIMARY FINANCIAL INDICATORS 


FINANCIAL INDICATORS (THOUSAND TL) 2017 2018
 Total Assets 2.167.689  2.610.459
 Total Liabilities 1.490.090  1.808.175
 Paid-in Capital 270.000  270.000 
 Shareholder’s Equity 677.599  802.284
 Premium Production 1.660.979  1.907.407
 Gross Claims Paid -839.528  -1.091.341
 Operational Expenses -223.530  -254.995 
 Investment Income 173.062  361.696
 Investment Expenses -156.095  -325.505 
 Profit on investment 16.967  36.191
 Technical Profit 27.875  25.719
 Net Profit 26.493  10.871
 Required Equity for the Company 377.064 450.823
 Required Equity for Capital Adequacy 694.849 824.933
 Capital Adequacy Result 317.785 374.111

 

FINANCIAL ANALYSIS RATIOS

CAPITAL ADEQUACY RADIOS 2017 (%) 2018 (%)
 Capital Adequacy Ratio 184 183
 Written Premiums / Shareholder’s Equity 245 238
 Shareholder’s Equity / Total Assets 31 31
 Shareholder’s Equity / Technical Provisions (Net) 60 59

 

RATIOS REGARDING ASSET QUALITY & LIQUIDITY 2017 (%) 2018 (%)
 Quick Ratio 60 62
 Liquidity Ratio 91 93
 Current Ratio 99 101
 Receivables from Premium and Reinsurance / Total Assets 21 20
 Receivables from Agencies / Shareholder’s Equity 33 30

 

OPERATIONAL RATIOS 2017 (%) 2018 (%)
 Retention Ratio 53 53
 Claims Paid / (Claims Paid + Outstanding Claims) 41 40

 

PROFITABILITY RATIOS 2017 (%) 2018 (%)
 Net Loss Ratio 82 88
 Net Commission Ratio 12 11
 Net Expense Ratio 16 17
 Net Compound Ratio 110 116
 Asset Profitability 1 0,4
 Equity Profitability 4 1