Aksigorta A.S. Reports Earnings Results for the Third Quarter Ended September 30, 2020
October 26, 2020 at 11:15 am EDT
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Aksigorta A.S. Announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced net income was TRY 85.955 million compared to TRY 90.773 million a year ago. For the nine months, net income was TRY 344.498 million compared to TRY 259.001 million a year ago.
Aksigorta A.S. is a Turkey-based general insurance company. The Company's products include fire and property insurance, which offers home and commercial risks insurance packages; accident insurance products, such as insurance packages for motors, commercial vehicles, theft, personal accident, glass breakdown and third party liability; marine cargo insurance for local and international cargo, securities and hull; engineering insurance, covering electronic equipment and machinery breakdown; agriculture insurance for hail risks and greenhouse damage; health insurance, and life insurance products. It also offers its services online through its Aksigorta Service Centre. The Company is a subsidiary of Haci Omer Sabanci Holding A.S.