Company records good performance
The 19th Annual General Assembly approved the 2009 Annual Accounts of the Company as presented.
Performance highlights for the last Three (3) Years is shown below :-
| Year |
2009 (USD)
|
2008 (USD)
|
2007 (USD)
|
| Gross Premium |
55,748,911 |
45,986,500 |
37,923,564 |
| Net Written Premiums |
444,266,616 |
36,892,542 |
29,536,935 |
| Investment & Other Income |
8,803,761 |
7,543,712 |
6,343,962 |
| Total Income |
49,600,270 |
42,437,813 |
34,064,202 |
| Claims Incurred |
23,437,454 |
18,479,657 |
16,927,172 |
Commisions and other operating expenses |
20,467,538 |
22,047,072 |
11,881,041 |
| Profit for the year |
5,695,278 |
1,911,084 |
5,256,804 |
Divideds Paid, Payable or Capitalized |
1,200,000 |
480,000 |
750,000 |
| Total Assets |
82,373,482 |
72,370,552 |
60,231,209 |
| Total Equity |
36,873,350 |
31,481,042 |
23,471,063 |
Download Annual Report & Financial Statements 2009
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