MILLIRE_2019_Annual Report

Milli Re Annual Report 2019 69 Activities and Major Developments Related to Activities Financial Status Risks and Assessment of the Governing Body Unconsolidated Financial Statements Together with Independent Auditors’ Report Thereon Consolidated Financial Statements Together with Independent Auditors’ Report Thereon General Information Financial Rights Provided to the Members of the Governing Body and Senior Executives Research & Development Activities Milli Re’s premium income increased by 25.65% on a year-on-year basis and reached TL 1,658,819,927 in 2019. Paid claims increased by 28.81% and were recorded as TL 986,681,894 as at the end of 2019. Premium Production (TL) Line of Business 2019 2018 2017 Accident 27,302,812 29,228,125 38,973,085 Health 8,029,501 6,949,085 7,605,904 Land Vehicles 38,102,445 34,067,419 21,540,505 Railway Vehicles - - - Air Vehicles 735,239 522,708 456,774 Sea Vehicles 45,936,915 36,025,194 30,059,346 Marine 52,994,825 50,733,243 40,782,720 Fire & Natural Disasters 977,897,738 688,500,691 521,732,614 General Damages 367,787,905 358,625,948 313,468,608 Land Vehicles Liability 46,795,194 41,101,168 43,211,274 Air Vehicles Liability - - - Sea Vehicles Liability 28,056 24,404 7,008 General Liability 70,219,885 51,426,124 48,562,577 Credit 490 - (47,688) Fidelity Guarantee 1,195,108 688,030 546,544 Financial Losses 4,087,588 1,552,706 1,131,580 Legal Protection 382,386 418,001 1,752,535 Total Non-life 1,641,496,087 1,299,862,846 1,069,783,386 Life 17,323,840 20,314,687 15,929,503 Total 1,658,819,927 1,320,177,533 1,085,712,889 2019 Premium Production Geographical Breakdown TL  % Turkey 1.060,777,933 64 Asia 228,328,110 14 Asia 152,159,678 9 Middle East 76,168,432 5 Europe 93,377,837 6 Western Europe 30,094,279 2 Central&Eastern Europe 63,283,558 4 Worldwide 190,105,257 11 Others (incl. America) 76,904,354 5 Africa 9,326,436 - 1,658,819,927 100 2019 TECHNICAL RESULTS