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Gunes Sigorta A.S. (Turkey)

Main Activities: Insurance Carriers | Direct Life, Health, and Medical Insurance Carriers
Full name: Gunes Sigorta Anonim Sirketi Profile Updated: August 07, 2019
Buy our report for this company USD 29.95 Most recent financial data: 2018 Available in: English & Turkish Download a sample report

Established in 1957, Gunes Sigorta is engaged in insurance sector, especially in fire, accident, engineering and agriculture areas. The company has a widespread agencies network, with 11 regional offices, 6 financial regional offices, 2 representative offices, and approximately 2,600 agencies. The main shareholders of Gunes Sigorta are VakifBank and Groupama.

Headquarters
Gunes Plaza Buyukdere Cad. No:110 Esentepe Sisli
Istanbul; Marmara; Postal Code: 34394

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Website: http:// www.gunessigorta.com.tr

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
September 17, 1957
Key Executives
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Chairman of the Management Board
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Vice Chairman of the Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
Ownership Details
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47.4%
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19.7%
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9.88%
Subsidiaries
Vakif Emeklilik A.S.
37.1%
Turk P ve I Sigorta A.S.
16.6%
Vakif Finansal Kiralama A.S.
15.6%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TRY. Absolute financial data is included in the purchased report.
Net insurance premium revenue
15.82%
Operating profit (EBIT)
158.14%
Net Profit (Loss) for the Period
109.85%
Total assets
19.42%
Investments
23.81%
Receivables
-1.99%
Total equity
-61.19%
Net Premiums Earned Trend
2.33%
Net Profit Trend
N/A
Return on Equity (ROE)
12.61%
Loss Ratio
3.85%
Underwriting Expenses Ratio
0.21%

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