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Ray Sigorta A.S. (Turkiye)

Main Activities: Insurance Carriers | Direct Life, Health, and Medical Insurance Carriers
Full name: Ray Sigorta Anonim Sirketi Profile Updated: May 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Ray Sigorta Anonim Sirketi is an insurance company located in Istanbul. It was incorporated in 1958 and went public in 1997. Since 2009, it has been a part of the Vienna Insurance Group, which is Europe's largest international insurance company group. Ray Sigorta aims to provide financial assurance to its customers by offering a wide range of non-life insurance products. They focus on creating value for their customers by continuously developing innovative solutions. The company is recognized as one of the 100 most valuable brands in Turkey and is known for its high business ethics, value creation ability, and customer satisfaction-oriented approach. Ray Sigorta is a preferred brand due to its industry experience, digital transformation capabilities, talented human resources, and strong financial structure.

Headquarters
Cumhuriyet District, Haydar Aliyev Street No: 28 34457, Sariyer
Istanbul; Marmara; Postal Code: 34457

Contact Details: Purchase the Ray Sigorta A.S. report to view the information.

Website: http://www.raysigorta.com.tr

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
August 18, 1958
Key Executives
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Chairman
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Chief Financial Officer
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Chief Financial Officer
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Vice Chairman
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Director/Member of the Board
Ownership Details
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0.7%
Subsidiaries
Risk Ekspert Risk VE Hasar Danismanlik Hizmetleri Limited Sirketi
30%
Tarim Sigortalari Havuz Isletmesi A.S.
4.17%
Company Performance
Financial values in the chart are available after Ray Sigorta A.S. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TRY. Absolute financial data is included in the purchased report.
Net insurance premium revenue
143.71%
Operating profit (EBIT)
444.48%
Net Profit (Loss) for the Period
654.98%
Total assets
98.72%
Investments
0%
Receivables
156.59%
Total equity
194.64%
Net Premiums Earned Trend
-91.95%
Net Profit Trend
-4555.65%
Return on Equity (ROE)
19.19%
Loss Ratio
15.11%
Underwriting Expenses Ratio
-4.15%

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