PREMIUM, CLAIMS & LOSS RATIOS AS AT 31/12/2015
U/W YEAR | PREMIUM (Gross Booked) US$ |
CLAIMS (Incurred) US$ |
LOSS RATIO | PROFIT A/C YEAR US$ |
PROFIT U/W YEAR US$ |
TOTAL | 182,436,947 | 59,114,458 | 32.40% | 25,189,222 | 25,189,222 |
1999/2000 | 700,476 | 233,341 | 33.31% | 49,055 | 144,680 |
2001 | 2,307,546 | 634,028 | 27.48% | 48,378 | 350,546 |
2002 | 3,060,959 | 567,659 | 18.55% | 324,672 | 682,059 |
2003 | 4,142,942 | 1,606,108 | 38.77% | 915,205 | 832,485 |
2004 | 3,586,428 | 2,952,508 | 82.32% | 400,400 | 37,821 |
2005 | 4,888,951 | 1,649,604 | 33.74% | 276,498 | 775,252 |
2006 | 7,389,681 | 1,553,216 | 21.02% | 1,092,141 | 2,264,865 |
2007 | 6,300,486 | 650,178 | 10.32% | 2,408,590 | 2,535,863 |
2008 | 11,110,671 | 3,476,932 | 31.29% | 2,547,812 | 2,198,582 |
2009 | 14,233,706 | 2,618,926 | 18.41% | 2,808,055 | 3,622,393 |
2010 | 9,762,511 | 7,916,418 | 81.09% | 498,580 | (332,242) |
2011 | 18,994,095 | 4,015,712 | 21.14% | 1,074,465 | 4,250,471 |
2012 | 26,104,179 | 17,156,478 | 65.72% | 1,976,922 | 441,943 |
2013 | 25,024,270 | 7,038,224 | 28.13% | 4,788,406 | 6,078,854 |
2014 | 24,542,878 | 4,463,092 | 18.18% | 2,695,472 | 3,522,470 |
2015 | 20,294,384 | 2,582,034 | 12.72% | 3,284,571 | (2,216,820) |