Page 5 - Turkinsurance Digital Magazine
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Garanti BBVA Emeklilik Completed the First Half of 2025 with a Strong
Performance
In the first half of 2025, Garanti BBVA of 4.6 billion TL and a 13% market
Emeklilik collected an additional share, and savings life insurance premium
contribution amount of 7.8 billion TL, the production of 1.4 billion TL with a 21%
highest in the sector, and reached a market market share.
share of 20.18% with over 34,000 new In the corporate segment of life insurance,
under-18 participants. Maintaining its premium production increased by 115%
leadership among private sector players compared to the same period last year,
in bancassurance life insurance premium reaching 705 million TL, thanks to
production, Garanti BBVA Emeklilik the strong performance in products
increased its premium production in group such as Garantör \[Guarantor], Group
insurance by 114% compared to the Life Insurance, Group Critical Illness
previous year and preserved its market Insurance, and Group Surgery Insurance.
leadership in number of participants in the Garanti BBVA Emeklilik also continued
automatic enrollment system (OKS) since to strengthen its financial position in the
2021. first half of 2025. The company achieved
strong growth by generating 324 million
As of June 30, 2025, Garanti BBVA TL in technical profit from individual
Emeklilik reached 3.3 million participants pension operations and 2.7 billion TL in
with a market share of 17.3% in the technical profit from insurance operations.
combined total of Voluntary BES and OKS,
marking an 8.4% increase compared to the The Strategy Behind the Success
same period last year. The company also year, reaching 1.8 million; and the fund
achieved a fund size of 221.9 billion TL size rose by 49%, reaching 14.1 billion Garanti BBVA Emeklilik General Manager
with a 14.2% market share, representing TL. Gökhan Koca shared the following
a 59% increase year-over-year. assessment regarding the results:
Customers who benefited from the “We can say that the outcomes achieved in
In the first six months, Garanti BBVA company’s digital fund advisory service, the first half of 2025 reflect the strength
Emeklilik collected the highest additional Otomatik Fon Koçu \[Automatic Fund of our collaboration with Garanti BBVA,
contribution amount in the sector with 7.8 Coach], achieved an average return of which continues to reinforce its leading
billion TL, and the highest contribution 33.72% in the first six months. When position in the industry with its technology
amount in the bancassurance channel with looking at fund returns, Voluntary BES and customer-centric approach. In the
16.5 billion TL. The company was also the funds delivered an average return of 22.4%, upcoming period, we will continue to
most preferred by parents seeking to save which is in line with the sector average of offer innovative products and services
for their children’s future, bringing over 22.3% for the same period. OKS funds, on that make it easier for our customers to
34,000 new under-18 participants into the the other hand, outperformed the sector secure their future, leveraging the strength
system—the highest in the sector. average of 13.2% with a 14.4% return. of this partnership. With our savings
In addition, during the first half of the products, we aim to help our customers
year, Garanti BBVA Emeklilik became the Garanti BBVA Emeklilik also doubled make regular savings for their future,
private company that gained the highest its total premium production in all life while through our insurance products we
number of employers and participants and insurance branches compared to the same aim to raise awareness about providing
achieved the largest fund growth, further period last year, reaching 7 billion TL financial security for themselves and their
strengthening its position as the most in premiums. In credit-linked products, loved ones. Currently, we offer many of
preferred company in the combined total an increase of 104% was recorded; in our products through digital channels
of Voluntary BES and OKS. savings-oriented products, 84%; and in with exclusive advantages. In the coming
need-based products, 108%. period, we will continue to provide a wide
Garanti BBVA Emeklilik also became range of products via these channels to
the company that gained the most market During the first four months, Garanti meet all our customers’ needs. Our goal is
share in the number of participants, BBVA Emeklilik became the private sector to maintain the highest level of customer
employers, and fund size within the leader in the bancassurance channel with satisfaction not only during the sales
Automatic Enrollment System (OKS). In a total premium production of 6.8 billion process but also in the post-sales phase,
OKS, the number of participants increased TL and a market share of 14.5%, credit- thanks to both our digital channels and our
by 8.8% compared to the same period last linked life insurance premium production advanced customer service network.”