TURKIYE: One of the leading insurance companies starts 2026 with a capital increase

19 January 2026 — Marina MAGNAVAL
Doga Sigorta, one of the leading companies in the Turkish insurance sector, has entered 2026, fortified by a capital increase of TRY 530 million (USD 12.3 million) effected in December 2025 in line with its growth targets, , Middle East Insurance Review reports.

According to the insurer, this additional capital increases the non-life insurance company’s total equity to over TRY 4 billion (~EUR 79.60 million).

Doga Sigorta’s Chairman, Nihat Kirmizi said that the capital increase would raise the company's capital adequacy ratio by the end of 2025. The ratio stood at 115% as of September 2025. “It will also significantly increase our liquidity strength, risk-carrying capacity, and sustainable growth potential”, the Chairman added.

“This step aims to strengthen our existing robust balance sheet structure, support our growth and investment targets, enhance our corporate flexibility and resilience to changing market conditions, and reinforce our long-term competitiveness”, Nihat Kirmizi explained, commenting on the capital increase.



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