Ray Sigorta

Ray Sigorta was chartered in 1958 in participation with predominantly state-owned transportation enterprises. The Company operated primarily within the transportation industry and gained valuable experience in that area. Doğan Holding acquired the majority of Ray Sigorta's shares from the Privatization Administration in 1992. Currently, Ray Sigorta is a public company listed on the Istanbul Stock Exchange, of which majority shares owned by Doğan Group.

Highlights

. Widely recognized in the international reinsurance sector.
. Has one of the highest premium collection ratios in the marketplace.
. High ratio enables Ray Sigorta to maintain an investment portfolio of liquid financial assets.
. Consistently follows a precise cancellation policy regarding late payment of premium installments, all premiums booked represent collectable amounts.
. Secure reserving policy.
. Made a name for itself in the industry by settling all claims efficiently and timely.
. Wide agency network throughout Turkey.

Along with a careful new agency selection process, the close ties with Doğan Holding form the basis of the strategy to increase market share and attain further growth. The medium-term strategy of Ray Sigorta rests on its target of maintaining its position as one of the strongest insurance companies in the marketplace capable of collecting premiums on time, creating additional funds for new investments.

www.raysigorta.com.tr