Türkiye Sigorta has announced through the Public Disclosure Platform (KAP) that it has submitted an application to the Capital Markets Board of Türkiye (SPK) for a significant increase in its registered capital ceiling. The proposal seeks to raise the ceiling from TRY 5 billion to an ambitious TRY 50 billion, reflecting a tenfold increase. Additionally, the company intends for this new registered capital ceiling to be valid from 2025 to 2029. This strategic move underscores Türkiye Sigorta’s commitment to growth and stability, leveraging the strength derived from its established brand.
