ISTANBUL — The total assets of Türkiye’s insurance sector increased to 3.8 trillion Turkish lira in 2025, reflecting strong growth compared with the previous year, according to sector data released by the Turkish Insurance Association (TSB).
The sector’s asset size rose from 2.9 trillion lira in 2024, marking an increase of around 67.5 percent year-on-year.
At the same time, the industry’s technical profitability climbed sharply, rising 85 percent to 192.4 billion lira in 2025. Profitability in non-life insurance increased to 154.7 billion lira, while technical profit in life insurance reached 36.9 billion lira.
Despite overall profitability, the sector continued to face challenges in certain branches. Insurance companies reported a technical loss of 59.1 billion lira in compulsory traffic insurance, with the claims-to-premium ratio reaching more than 140 percent.
The industry also recorded growth in financial indicators. Total equity rose from 264.8 billion lira in 2024 to 435 billion lira in 2025, while overall balance-sheet profit increased 63 percent to 168 billion lira.
Analysts say the expansion of assets and profitability highlights the continued strengthening of Türkiye’s insurance sector, even as certain segments face cost pressures.
Source: Patronlar Dünyası/ Prepared by: İlayda Gök