GIG Insurance

GIG Insurance

Share the Page

WhatsApp
Facebook
Twitter
LinkedIn
Telegram
Email

GIG Sigorta – Company Profile

GIG Sigorta is a well-established company with a history of nearly 40 years in the Turkish insurance sector, nourished by its strong roots in international insurance and financial services. The company's current structure is shaped by the financial strength of Fairfax Financial Holdings Limited, operating on a global scale, and the regional expertise of Gulf Insurance Group (GIG), one of the leading insurance groups in the Middle East and North Africa, which is a part of it.

Founded in Canada in 1985, Fairfax offers a strong global platform with operations spread across 5 continents with 25 company groups in insurance, reinsurance, and investment management, and is the indirect controlling shareholder in Gulf Insurance Group with a 97.1% stake. Founded in 1962, Gulf Insurance Group has built a strong insurance ecosystem in its region with its widespread operations in 12 countries.

GIG Sigorta's current structure in Turkey was shaped by the acquisition of the structure that started with American Home Sigorta in 1989 and continued with the AIG Sigorta era, by Gulf Insurance Group in 2017. With this transformation, the company reached its current position by integrating its deep-rooted experience in the Turkish market with global financial strength and regional expertise.

Operating with a wide product portfolio, a strong distribution network, and a disciplined underwriting approach, GIG Sigorta provides services to its customers across Turkey in the branches of fire, marine, motor own damage, engineering, financial insurance, health, and personal accident.

Consolidating its position in the sector with its sustainable growth focus, strong financial performance, and customer-centric approach, GIG Sigorta continues to create value and build long-term trust relationships with the understanding of "global power, local perspective".

Financial Indicators as of December 31, 2025 Value
Equity 2.879 Billion TL
Capital Adequacy Ratio %228
Premium Production 7.8 Billion TL
Net Profit / Technical Profitability 642 Million TL / 962 Million TL

Share the Page

WhatsApp
Facebook
Twitter
LinkedIn
Telegram
Email