MILLI_RE_ANNUAL REPORT 2022

2007 Singapore Branch, which plays an important role for Milli Re in international markets, was opened. 2010 Milli Re acquired an additional 35.53% stake in Anadolu Sigorta, another group company. Accordingly, Milli Re, Turkey’s one and only active local reinsurer increased its share in the capital of Anadolu Sigorta to 57.31%, one of the largest and well-established insurance companies in the industry. participation of renowned local and international artists and conductors. 2000 Turkish Catastrophe Insurance Pool (TCIP), which was set up relevant the “Compulsory Earthquake Insurance” system established by the Undersecretariat of Turkish Treasury became operational under the management of Milli Re. 2001 Risk-based Compulsory Reinsurance System came to an end. 2005 Milli Re became the only active local reinsurance company in the Turkish market after the acquisition of Destek Reasürans T.A.Ş. 2006 Milli Re began to write business from international markets. Decree Pool was terminated. 2022 In its 94 th year of operation, by bringing its technical knowledge gained in the Turkish market to international arena with the support of its strong capitalization, Milli Re’s paid-up capital was TL 660 million while assets reached TL 12,400 million, shareholders’ equity amounted to TL 5,056 million and premium volume was TL 4,808 million. MİLLİ RE HAS AN IMPORTANT ROLE IN FORMATION AND DEVELOPMENT OF TURKISH INSURANCE LEADER FINANCIAL STATUS RISKS AND ASSESSMENT OF THE GOVERNING BODY UNCONSOLIDATED FINANCIAL STATEMENTS TOGETHER WITH INDEPENDENT AUDITORS’ REPORT THEREON CONSOLIDATED FINANCIAL STATEMENTS TOGETHER WITH INDEPENDENT AUDITORS’ REPORT THEREON 11 MİLLİ RE 2022 ANNUAL REPORT