MILLI RE 2023 ANNUAL REPORT

Training Programs” which are the only project and practice-oriented training programs in the market. In addition to these trainings, TSEV also offers “Short-Term Training Programs” determined according to the needs of the day. “Introduction to Insurance for Beginners Program” and “Training Programs for Actuary Exams” are regularly scheduled trainings for new recruits in the insurance departments of the insurance industry and insured corporate structures. “Workshops”, which started to be organized last year; accordingly, one-day branch-based trainings, in which participants took an active role and progressed through case studies, were held face-to-face in TSEV classrooms. “Agency Trainings” were organized for agencies under the sponsorship of the Union of Chambers and Commodity Exchanges of Türkiye and TSB. In addition, In cooperation with the Insurance and Reinsurance Brokers Association and TSEV, “Broker Academy: Insurance Training Program” was established and training was provided to three different groups. In cooperation with the Insurance and Private Pension Regulation and Supervision Agency, up-to-date trainings were organized to meet the needs of the sector. The Human Resources Training Program, with new content and trainers specific to the insurance sector, was launched for the first time in 2023. Apart from insurance training, Personal Development Training Programs are also given by TSEV and the diversity in this segment increases each year. As the training programs were moved to the online platform, many people living outside of İstanbul had the opportunity to attend TSEV training programs. In 2023, 5,290 people received a total of 4,424 hours of training from TSEV through these programs. Furthermore, “Consultancy”, “Closed Group Classroom Training”, “Placement Tests” were realized based on demands from companies. In 2023, the English education programs, which were prepared for the institution for the first time last year, were organized in two different ways: open class and institution-specific class. Actuary exams, which started in 2020 as part of the agreements signed with the Central Bank of Azerbaijan and the Azerbaijan Insurance Association, were also conducted by TSEV in 2023. In addition to this, the Actuarial Academy training and examination program, which was initiated in 2023, will be concluded in June 2024. Furthermore, in order to continue its contribution to the development of regional insurance, TSEV held face-to-face training programs specially designed for the Ethiopian Insurance Company and Uzbekinvest Insurance Company. THE “BASIC INSURANCE TRAINING PROGRAM”, ONE OF TSEV’S MOST COMPREHENSIVE TRAINING PROGRAMS PRODUCED AROUND 3,000 GRADUATES TO DATE. GENERAL INFORMATION FINANCIAL RIGHTS PROVIDEDTOTHE MEMBERS OF THE GOVERNING BODY AND SENIOR EXECUTIVES ACTIVITIES AND MAJOR DEVELOPMENTS RELATED TO ACTIVITIES RESEARCH & DEVELOPMENT ACTIVITIES FINANCIAL STATUS FINANCIAL INFORMATION 41 2023 Annual Report RISKS AND ASSESSMENT OF THE GOVERNING BODY