"AA(Tur)", a First in the Turkish Insurance Sector!
Through its independent assessment based on the firm’s financial and technical strength, management structure, risk assumption policy, and reinsurance practices, as well as the assessment criteria accepted on international platforms, the international rating agency Fitch Ratings assigned A+ financial strength rating to T. GENEL SİGORTA as of 30 October 2001.
That rating, a first in Turkey, was reiterated as such until 2007. In 2007, our financial strength rating was increased from A+ to AA(Tur), whereby for the first time in history an insurance firm in Turkey was assigned a national financial strength rating of AA(Tur).
On 7 September, 2015, Fitch Ratings confirmed MAPFRE SİGORTA’s National Financial Strength rating as ‘AA(Tur)’.
Having a paid-in capital of TRY 350 million and shareholders equity figure of TRY 547.36 million as of the end of June 2015, MAPFRE GENEL SİGORTA sets and implements its financial and technical policies with the future in mind. Thanks to its strong capital structure and a stable management and reliable operational performance, MAPFRE SİGORTA continues to achieve commendable results despite the difficult environment in which the Turkish insurance sector is required to work.