Türkiye Sigorta returns TL 1.6 billion to TMSF
Türkiye Sigorta announced that it had voluntarily returned TL 1,599,887,908 of the profits earned from investment funds subject to liquidation to the Savings Deposit Insurance Fund (TMSF).
In a disclosure to the Public Disclosure Platform (KAP), the company stated that expanded internal audits covering 2025 had determined that profits from some of these funds were generated in compliance with regulations and the company's investment policy. Despite the legality of the earnings, Türkiye Sigorta said it decided to return the funds following discussions with the TMSF and the Capital Markets Board (CMB), in line with its ethical principles and commitment to fairness.
The repayment amount was calculated by deducting the inflation effect corresponding to the investment period from the trading profits generated by the funds. The calculation was based on the average of the Domestic Producer Price Index (D-PPI) and the Consumer Price Index (CPI). The company confirmed that approximately TL 1.6 billion had been deposited into the TMSF's account as of November 13. Türkiye Sigorta stated that it held no remaining balances in the funds subject to liquidation as of September 30, 2026, and did not anticipate any further payment obligations related to these investments. The company also announced that it reserved its legal rights regarding the repayment.