Financial Highlights

Key Items in Profit & Loss Statement

 

 2015/14

 2014/13

 2013/12

 2012/11

 2011/10

Gross written premium

IRR million

      2,839,512

      2,152,318

      1,705,084

      1,381,552

         809,493

Earned premium

IRR million

      1,777,872

      1,591,512

      1,546,163

      1,069,076

         620,704

Reinsurance premium ceded

IRR million

         810,746

         624,277

         484,996

         528,082

         370,293

Retained share of premiums earned

IRR million

      1,387,987

      1,198,668

      1,035,409

         674,190

         344,013

Paid losses

IRR million

      1,155,999

      1,141,109

         854,359

         474,563

         254,366

Incurred losses

IRR million

      1,067,009

      1,150,607

      1,107,137

         539,373

         270,873

Investment income

IRR million

         115,194

         292,423

         216,931

           80,715

           53,548

Technical reserves

IRR million

      1,999,411

      1,389,927

      1,001,770

         577,396

         326,355

Pre-tax profit

IRR million

         126,735

         115,020

         114,435

         125,740

         110,297

Net profit to gross written premium

%

                   4

                   5

                   7

                   8

                 12

Net profit to  shareholders’ equity

%

                 18

                 18

                 20

                 27

                 24

Key Items in Balance Sheet

 

 2015/14

 2014/13

 2013/12

 2012/11

 2011/10

Total assets

IRR million

      3,499,685

      2,573,110

      2,185,954

      1,572,523

      1,121,672

Total liabilities

IRR million

      2,807,715

      1,947,876

      1,608,093

      1,143,920

         712,698

Total investments to total assets ratio

%

                 45

                 41

                 28

Total current assets to total current liabilities and technical reserves ratio

%

                 59

                 79

                 86

                 67

                 76

Total liabilities to total asset ratio

%

                 85

                 81

                 78

                 73

                 64

Total retained premiums to total shareholders’ equity ratio

%

               210

               192

               179

               156

                 84

Key Performance Indicators

 

 2015/14

 2014/13

 2013/12

 2012/11

 2011/10

Capacity ratios

%

               120

               117

Combined ratio

%

                 77

                 93

                 94

Investment to life insurances ratio

%

                 21

                 68

                 22

Investment to non-life insurances ratio

%

                   5

                 33

                 28

Dividend per share-EPS

%

               317

               304

               358

               409

               343

Dividend per share-DPS

%

               150

               150

               300

               290

Key Operational Growth Indicators

 

 2015/14

 2014/13

 2013/12

 2012/11

 2011/10

Number of policies

Unit

         699,237

         574,079

         546,851

         676,316

         418,116

Number of customers

Unit

         473,679

         549,263

         318,245

         325,255

         214,621

Number of branches

Unit

                 16

                 16

                 16

                 16

                 15

Number of agents

Unit

            2,356

            1,377

            1,257

            1,382

               963