Anadolu Anonim Türk Sigorta Sirketi (ANSGR) Q4 2025 earnings summary

Executive summary

• Celebrated 100th anniversary in 2029, starting the year with strong motivation and performance.

• Experienced significant volatility from March, impacting Q2 and Q3 results.

• Premium volume reached TRY 97.9 billion, up 41.7% year-over-year, outpacing sector growth.

• Central Bank of Türkiye reduced policy interest rate by 950 basis points during 2025.

• Twelve-month solo ROAE at 35.4%, consolidated ROAE at 45.3%.

Financial highlights

• Premium production reached TRY 97.9 billion, a 41.7% increase year-over-year.

• Unconsolidated net profit for the year was TRY 12.7 billion; consolidated net profit was TRY 13.4 billion.

• Quarterly net profit in Q4 was TRY 4.1 billion, up 36% year-over-year.

• Technical income rose 56% year-over-year to TRY 65.1 billion; technical expenses increased 63% to TRY 71.2 billion.

• Assets under management rose 41% to TRY 78.3 billion; total assets increased 40% to TRY 134 billion.

Outlook and guidance

• Expectation of continued growth in investment income in 2026.

• Sustained momentum in investment income, with quarterly investment income at TRY 7.4 billion (+54% y/y).

• Discount rate applied to reserves reduced by 1 ppt to 29%, impacting results by TRY 312 million net.