Anadolu Anonim Turk Sigorta Sirketi A.s. · BIST:ANSGR
Anadolu Anonim Turk Sigorta Sirketi A.s — Anadolu Sigorta — FY2025 Earnings Presentation
16 slides from Anadolu Anonim Turk Sigorta Sirketi A.s's earnings presentation, January 2026
Slide 1: Anadolu Sigorta 2025 Financial Results
ANADOLU SİGORTA 2025 Financial Results Fund Management and Investor Relations Department 1
Slide 2: Highlights
Highlights • Real growth: Anadolu 2025 premium volume is at a strong TL 97.9 bn, (+40,7%y/y vs. 30,9% 2025 infl.) Profitability • Real profitability: Twelve Month solo RoAE stands at 35,4% (Consolidated 45,3%) • Discount rate applied to reserves reduced by 1 ppts to 29%: TL 417 mn gross, TL 312 mn n
Slide 3: Non-Life Insurance Market
Non-Life Insurance Market Premium Production1 (TL mn) 2024 2025 Y/Y(%) Non-Life - Market Shares 101.366 147.117 45,1 Competitor 1 Competitor 1 14,1% Competitor 2 82.334 115.385 40,1 Other Anadolu Sigorta 69.589 97.883 40,7 32,5% Competitor 2 Competitor 3 61.084 90.255 47,8 11,1% Competitor 4 35.171
Slide 4: Premium Volume and Composition
Premium Volume and Composition Anadolu Sigorta Non-Life Sector1 OTHER 20% Cumulative (TLmn) 2024 2025 Y/Y (%) 2024 2025 Y/Y (%) MOTOR MOD 14.994 18.970 26,5 112.591 147.568 31,1 ANSGR 39% MTPL 13.644 19.564 43,4 219.477 309.816 41,2 TL97,8 bn HEALTH Health 12.690 20.012 57,7 136.585 211.869 55,1 20%
Slide 5: Market Share & Rank
Market Share & Rank1 Rank Market Share Market Share BRANCHES 2025 2025 2024 MOD 1 12,9% 13,3% Watercraft 1 27,4% 27,5% Transportation 1 14,5% 14,9% Aircraft 2 25,2% 30,1% Aircraft Liability 2 19,7% 24,8% Accident 2 9,0% 7,5% General Liability 3 13,7% 10,7% Fire 3 12,2% 12,2% Financial Losses 3 12,0%
Slide 6: Sales Channels
Sales Channels Premium Production – Anadolu Premium Production1 – Sector 120.000 TL mn 1.200.000 TL mn 100.000 1.000.000 9,7% 8,9% 17,2% 80.000 13,8% 800.000 14,3% 10,5% 12,7% 9,1% 60.000 13,7% 600.000 16,9% -1 14,7% 12,6% 40.000 400.000 63,0% 60,3% 20.000 62,6% 200.000 60,0% 0 0 2024 2025 2024 2025
Slide 7: Branch Outlook
Branch Outlook Total Portfolio Fire and Nat. Disasters 111,1% 110,7% 111,8% 117,3% 131,1% 115,4% 107,1% 108,7% 107,8% 109,7% 103,4% 92,1% 99,6% 104,7% QUARTERLY COMBİNED RATİO CUMULATİVE COMBİNED RATİO QUARTERLY COMBİNED RATİO KÜMÜLATİF KOMBİNE ORAN 4Q24 1Q25 2Q25 3Q25 4Q25 2024 2025 4Q24 1Q25 2Q25
Slide 8: Technical Profitability – Long-term Perspective
Technical Profitability – Long-term Perspective1 Claims Ratio (%) 2024 2025 Combined Ratio (%) 2024 2025 MOD 56,5% 58,8% MOD 85,0% 87,6% MTPL 98,7% 123,7% MTPL 131,1% 152,9% Fire 48,0% 53,1% Fire 99,6% 107,1% Health 96,1% 81,7% Health 127,0% 105,6% Accident 10,2% 11,2% Accident 70,6% 63,3% General L
Slide 9: Investment Portfolio
Investment Portfolio1 2025: Bonds Quarterly TL 7,4 bn 41% Investment Income2 Cumulative TL24,2 bn Quarterly 9,8% (39,3% simp. ann.) Portfolio Yield Cumulative 44% AuM at 78,3 mlr TL 90 80 72,3 +8,4% 78,3 Equity +13,1% 7% 70 9,2% 63,9 4% 5% 5% 58,5 5% 60 55,5 5,4% 9% Short Term 7% 7% 11% 41% Interest
Slide 10: Income Statement – 4Q25
Income Statement – 4Q25 Income Statement Q/Q Y/Y 4Q24 3Q25 4Q25 Q/Q Y/Y 4Q24 3Q25 4Q25 (TL mn) (%) (%) (Cons.) (Cons.) (Cons.) (%) (%) Tech. Income (1) 11.605 17.416 19.256 11 66 11.605 17.416 19.256 11 66 Tech. Expenses -12.889 -19.388 -20.708 7 61 -12.889 -19.388 -20.708 7 61 Net Financial Inc. +
Slide 11: Income Statement - 12M25
Income Statement - 12M25 2024 2025 P&L (TL mn) 2024 2025 Y/Y (%) Y/Y (%) (Cons.) (Cons.) Tech. Income (1) 41.879 65.124 56 41.879 65.124 56 Tech. Expenses -43.813 -71.249 63 -43.813 -71.249 63 Net Financial Inc. + Other Exp. (2) 16.070 22.512 40 16.731 23.211 39 Gross Profit 14.136 16.387 16 14.798
Slide 12: Profit Drivers
Profit Drivers Quarterly Net Profit, Q/Q Quarterly Investment Income1 +54,2% Y/Y TL mn 1.511 0 TL mn -406 7.349 7.401 519 4.090 3.427 -961 5.849 4.800 3.622 3Q25 Underwriting Investment Dividend Tax Other 4Q25 4Q24 1Q25 2Q25 3Q25 4Q25 Net Profit Income Net Profit Quarterly Net Profit, Y/Y Cumulative
Slide 13: Growth Performance
Growth Performance Total Assets Technical Reserves TL mn 134.411 75.656 TL mn 96.198 51.342 40% 35.982 47% 58.368 30.706 20.438 16.776 10.779 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 Assets Under Management Assets Under Management Shareholders' Equity 162% Nominal Growth 1.829 TL USD 21% CA
Slide 14: RoAE, Anadolu Hayat Stake and Valuation
RoAE, Anadolu Hayat Stake and Valuation RoAE Anadolu Hayat Emeklilik (ANHYT) RoAE - Solo RoAE - Cons. Inflation 75,2% Anadolu Hayat with TL 442 bn asset size and ANHYT 64,2% significant market share is among the leaders in life 50.138 MCap (TLmn) insurance and pension market 20% ANHYT 48,5% 45,3% 10
Slide 15: Disclaimer
Disclaimer This presentation contains forward-looking statements and information on the business development of Anadolu Sigorta. These statements may be spoken or written and can be recognized by terms such as “expects”, “anticipates”, “intends”, “plans”, “seeks” or words with similar meaning. These
Slide 16: Thanks
THANKS Fund Management and Investor Relations Department 16