Heavy balance sheet after fund investigation at Türkiye Sigorta: Billions in losses revealed

Türkiye Sigorta reported a net loss of 5.42 billion TL for the third quarter of 2026 after a fund investigation revealed it could not recover 8.96 billion TL of assets held in custody at a brokerage. The insurer said the assets were not returned at maturity and that it has set aside a provision for the full amount. The shortfall is the central driver of the quarterly loss and raises questions about custody arrangements and counterparty exposure at the brokerage. Investors will watch for details on the investigation, any recovery efforts, and whether the provision affects the company's capital position and future earnings.