The Company’s Gross Premium Income increased by 14% to Rs.1,245 million in 2010 (Rs.1,090 million in 2009) while Net Earned Premiums have increased by 13% to reach Rs.487.6 million (Rs.433.1 million in 2009).
The Profit Before Tax for 2010 amounted to Rs.205.5 million compared to Rs.185.8 million in 2009. Dividends paid amounted to Rs.55.2 million (Rs.50.2 million in 2009), in line with the Company’s dividend policy as stated in the Governance Report.
The Company’s Reserves at 31st December 2010 stood atRs. 962.8 million compared to Rs.795.5 million in 2009.
