Lastly made a profit in 2009, elemental sector has made profit for the first time in 2013 after three years break. Compared to the last year life and pension sector has moved into 5.7 percent profit.
Insurance industry has catched on the wrong foot in 2014 and it has only made 6.8 growth at the first two months of the year. But industry showed a pretty good performance in 2013 we have left behind. Increased its total premium production 22.21 percent in 2013, industry has left behind the year from profitability point of view. According to the datas which has announced by Türkiye Sigorta Birliği (TSB) in the previous days, industry has made 1 billion 230.4 million TRY profit right after the 2012 losses. Furthermore making profit in 2013 industry has reached 768 million 329.3 thousand TRY profit. However non-life insurance industry’s profit was 879.3 million TRY from ordinary activities.
