 |
 |
| |
| Growth from 2001- 2009 |
(Rupees In Million) |
|
Year |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
| GrossPremium |
2,277 |
2,553 |
3,699 |
4,012 |
4,249 |
4,453 |
4,352 |
5,492 |
6,034 |
| Net Premium |
1,386 |
1,780 |
1,545 |
1,989 |
2,145 |
2,045 |
2,566 |
2,904 |
3,005 |
| Net Profit |
2,054 |
2,222 |
2,053 |
1,852 |
2,475 |
2,380 |
3,303 |
1,514 |
3,586 |
|
| |
| Growth from 2001- 2009 |
(Amount in Thousand US Dollars) |
|
Year |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
| GrossPremium |
27,031 |
30,307 |
43,911 |
47,627 |
50,441 |
52,862 |
51,663 |
65,196 |
71,631 |
| Net Premium |
16,453 |
21,131 |
18,341 |
23,612 |
25,464 |
24,277 |
30,461 |
34,474 |
35,673 |
| Net Profit |
24,383 |
26,378 |
24,372 |
21,985 |
29,381 |
28,253 |
39,210 |
17,973 |
42,570 |
|
| |
| |
| Comparative Operational Results |
| - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
| Operational Results |
(Rupees In Millions) |
|
Years |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
% Inc 2009 over 2001 |
| Gross Premium |
2,277 |
2,553 |
3,699 |
4,012 |
4,249 |
4,453 |
4,352 |
5,492 |
6,034 |
165% |
| Retained Premium |
1,386 |
1,780 |
1,545 |
1,989 |
2,145 |
2,045 |
2,566 |
3,112 |
2,976 |
115% |
| Retained Premium As Percentage Of Premium |
60.87% |
69.72% |
41.77% |
49.58% |
50.48% |
45.92% |
58.96% |
56.00% |
49.32% |
- |
| Net Claims Incurred |
183 |
604 |
324 |
345 |
619 |
380 |
236 |
1,028 |
987 |
439% |
| Underwriting Profit |
985 |
1,178 |
966 |
1,019 |
1,399 |
1,511 |
1,951 |
1,583 |
1,630 |
65% |
| Investment Income |
1,218 |
1,219 |
1,310 |
987 |
1,277 |
1,019 |
1,555 |
(248) |
2,011 |
65% |
| Total Profit Before Tax |
2,054 |
2,222 |
2,053 |
1,852 |
2,475 |
2,380 |
3,303 |
1,514 |
3,586 |
75% |
| Total Investment |
8,441 |
9,521 |
10,294 |
10,648 |
12,285 |
13,669 |
15,311 |
14,352 |
16,227 |
92% |
| Income Tax Paid |
785 |
835 |
838 |
610 |
728 |
837 |
1,109 |
886 |
907 |
16% |
| Surplus Paid To Govt. |
400 |
500 |
500 |
500 |
500 |
500 |
500 |
500 |
500 |
25% |
| Total Payment To Govt. |
1,185 |
1,335 |
1,338 |
1,110 |
1,228 |
1,337 |
1,609 |
1,386 |
1,407 |
19% |
| Capital And Reserves |
9,405 |
10,453 |
11,966 |
13,637 |
15,279 |
16,468 |
19,002 |
20,050 |
23,915 |
154% |
| Management Expense As % Of Premium |
7.10% |
7.10% |
7.30% |
6.70% |
6.45% |
6.31% |
6.92% |
6.32% |
7.50% |
- |
| Paid Up Capital |
2,000 |
2,000 |
2,000 |
2,000 |
2,000 |
2,000 |
2,000 |
2,000 |
2,000 |
0% |
| Total Reserves & Underwriting Provision |
7,405 |
8,453 |
9,966 |
11,637 |
13,279 |
14,468 |
17,002 |
18,050 |
21,915 |
196% |
| Equity |
9,405 |
10,453 |
11,966 |
13,637 |
15,279 |
16,468 |
19,002 |
20,050 |
23,915 |
154% |
|
| |
| * The Corporation has been converted into National Insurance Company Limited w.e.f. 1.1.2001 with paid up Capital of Rs 2 Billion. |
| |
| |
| Comparative Operational Results |
| - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
| Operational Results |
(Amount in Thousand US Dollars) |
|
Years |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
% Inc
2009
over
2001 |
| Gross Premium |
27,031 |
30,307 |
43,911 |
47,627 |
50,441 |
52,862 |
51,663 |
65,196 |
71,631 |
165% |
| Retained Premium |
16,453 |
21,131 |
18,341 |
23,612 |
25,464 |
24,277 |
30,461 |
36,943 |
35,329 |
115% |
| Retained Premium As Percentage Of Premium |
60.87% |
69.72% |
41.77% |
49.58% |
50.48% |
45.92% |
58.96% |
56.00% |
49.32% |
- |
| Net Claims Incurred |
2,172 |
7,170 |
3,846 |
4,096 |
7,348 |
4,511 |
2,802 |
12,204 |
11,717 |
439% |
| Underwriting Profit |
11,693 |
13,984 |
11,468 |
12,097 |
16,608 |
17,937 |
23,161 |
18,792 |
19,350 |
65% |
| Investment Income |
14,459 |
14,471 |
15,551 |
11,717 |
15,159 |
12,097 |
18,460 |
(2,944) |
23,873 |
65% |
| Total Profit Before Tax |
24,383 |
26,378 |
24,372 |
21,985 |
29,381 |
28,253 |
39,210 |
17,973 |
42,570 |
75% |
| Total Investment |
100,205 |
113,025 |
122,202 |
126,404 |
145,837 |
162,267 |
181,759 |
170,375 |
192,633 |
92% |
| Income Tax Paid |
9,319 |
9,912 |
9,948 |
7,241 |
8,642 |
9,936 |
13,165 |
10,518 |
10,767 |
16% |
| Surplus Paid To Govt. |
4,748 |
5,936 |
5,936 |
5,936 |
5,936 |
5,936 |
5,936 |
5,936 |
5,936 |
25% |
| Total Payment To Govt. |
14,067 |
15,848 |
15,884 |
13,177 |
14,578 |
15,872 |
19,101 |
16,453 |
16,703 |
19% |
| Capital And Reserves |
111,648 |
124,089 |
142,050 |
161,887 |
181,380 |
195,494 |
225,576 |
238,017 |
283,899 |
154% |
| Management Expense As % Of Premium |
7.10% |
7.10% |
7.30% |
6.70% |
6.45% |
6.31% |
6.92% |
6.32% |
7.50% |
- |
| Paid Up Capital |
23,742 |
23,742 |
23,742 |
23,742 |
23,742 |
23,742 |
23,742 |
23,742 |
23,742 |
0% |
| Total Reserves & Underwriting Provision |
87,906 |
100,347 |
118,308 |
138,145 |
157,637 |
171,752 |
201,834 |
214,275 |
260,157 |
196% |
| Equity |
111,648 |
124,089 |
142,050 |
161,887 |
181,380 |
195,494 |
225,576 |
238,017 |
283,899 |
154% |
|
| |
| * The Corporation has been converted into National Insurance Company Limited w.e.f. 1.1.2001 with paid up Capital of Rs 2 Billion. |
|
