Anadolu Anonim Türk Sigorta Sirketi (ANSGR) Q2 2026 earnings summary

Executive summary

• Premium production rose 21.9% year-over-year to TRY 54.2 billion, securing 8.6% market share and ranking fourth in the non-life insurance sector.

• Net profit reached TRY 7.4 billion in H1 2026, up from 5.2 billion TRY a year earlier, with consolidated results showing similar growth.

• Assets under management increased to TRY 89 billion, with a 7.4% quarterly rise and a 14% year-over-year increase.

• Return on average equity (ROAE) stood at 38.4% solo and 39.1% consolidated, remaining above inflation.

• Equity grew to 40.0 billion TRY from 35.6 billion TRY at year-end 2025.

Financial highlights

• Earned premiums (net of reinsurance) for H1 2026 were 54.9 billion TRY, up from 37.8 billion TRY in H1 2025.

• Investment income for H1 2026 was 18.6 billion TRY, with quarterly investment income at TRY 7.4 billion.

• Assets grew 13% year-over-year to TRY 151.3 billion, with total assets at 145.3 billion TRY as of 30.06.2026.

• Claims ratio improved slightly to 79.2% from 79.5% year-over-year.

• Combined ratio increased by nearly 3 points year-over-year, targeting 105%-110% by year-end.

Outlook and guidance

• Management aims to improve market share above 9% in the next term, with strong premium production and portfolio structure expected to support further gains, especially in Health.

• Combined ratio is targeted to be kept within 105%-110% by year-end.

• Increased equity base supports future expansion and risk management.