Milli Reasurans (Milli Re) has posted a 65% surge in net profits to TRY 9.78 billion (USD 221.1 million) for FY2025 compared to 2024. GWP totaled TRY 16.2 billion in 2025, which is around 10% more y-o-y, Middle East Insurance Review wrote.

According to Mr. Fikret Utku Ozdemir, Milli Re General Manager, in 2025 the company maintained its strong position both in the Turkish reinsurance market and in international markets.

Milli Re General Manager stated that Milli Re was involved in the placements of 17 different insurance companies as of the end of 2025 and maintained its leadership in 12 of them.

According to him, in the 2026 renewals, the company's market share in proportional reinsurance protection increased from 18% to 19.5%, further strengthening its position. "We will continue to move forward with the goal of profitable and sustainable growth in 2026”, he concluded.