MILLI REASURANS ANNUAL REPORT 2018

Milli Re Annual Report 2018 General Information / 1 YEARS Local Leader, Global Partner Mi l l i Re, proudly celebrat i ng i ts 90 th ann i versary, i s one of the wel l-establ i shed re i nsurance compan i es i n Europe. Milli Re was established by Türkiye İş Bankası (İşbank) on 26 February 1929 to manage the compulsory reinsurance system, and commenced operations on 19 July 1929. As the world’s first and only privately owned company to hold the right to manage the reinsurance monopoly for all lines of business, Milli Re embraces a pioneer role for the Turkish insurance market to reach a sustainable and sound structure. Milli Re, being the sole reinsurance company active in the Turkish insurance market with local capital, continues to distinguish as a reputable, strong and well accepted service provider in international markets with its business experience and robust financial structure as it keeps moving forward along a century long path. While materializing its contribution to the Turkish economy every passing period, Milli Re also proves its support to culture, art and sports with its long termed projects.