Anadolu Anonim Türk Sigorta Sirketi Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2020
July 30, 2020 at 08:08 am EDT
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Anadolu Anonim Türk Sigorta Sirketi reported earnings results for the second quarter and six months ended June 30, 2020. For the six months, the company reported Investment Income of TRY 943,647,826 compared to TRY 821,062,357 a year ago. Net Profit was TRY 278,138,955 compared to TRY 230,072,124 a year ago.
For the quarter, the company reported Investment Income of TRY 415,573,685 compared to TRY 452,447,254 a year ago. Net Profit was TRY 127,821,284 compared to TRY 105,443,297 a year ago.
Anadolu Anonim Turk Sigorta Sti is a Turkey-based insurance provider. The Company offers health, liability, marine, engineering, motor and fire and home insurance packages, among others. Its products include combined motor vehicles insurance policies, consisting of vehicle storage and safekeeping, towing, healthcare assistance, coverage for driver, passengers and those outside the vehicle and legal defense expenses, as well as minor repair services. Residential and Workplace fire insurance offers services, such as legal consultancy and medical assistance in case of damages to residences and their contents caused by theft, explosion, fire, internal water, vehicle impact, aircraft impact and natural disasters such as lightning, flood, storm, landslide and earthquake. As of December 31, 2011, the Company operated through a network of a total of 2,756 agencies, out of which 2,688 were authorized.