Page 5 - Turkinsurance Digital Magazine
P. 5

5











        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.”
   1   2   3   4   5   6   7   8   9   10