MILLIRE ENG2024
Financial Strength, Profitability and Solvency Milli Re’s premium production reached TL 14,721 million, increasing by 48%, while paid losses amounted to approximately TL 9,912 million. The Company booked a net profit of TL 5,934 million in 2024. The Company’s Liquid Assets correspond to 29% of Total Assets. Owing to its strong and balanced maturity distribution of invested assets, Milli Re fulfilled all of its legal and commercial obligations in 2024. Milli Re’s premium production reached TL 14,721 million, increasing by 48%, while paid losses amounted to approximately TL 9,912 million. Details on technical results are presented in the “2024 Technical Results” section. Financial Results (TL million) 2024 2023 Change (%) Total Assets 33,749 22,668 48.88 Shareholders’ Equity 16,475 10,128 62.66 Technical Income 11,559 10,217 13.13 Technical Profit/Loss (1,672) 197 (948.32) Financial Income 10,495 7,818 34.25 Financial Profit/Loss 7,606 3,432 121.62 Profit/Loss for the Period 5,934 3,629 63.51 Milli Re booked a net profit of TL 5,934 million in 2024. 70 MİLLİ RE
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