2007
USD
million
2008
USD
million
2009
USD
million
2010
USD
million
as at
Dec. 31, 2007
as at
Dec. 31, 2008
as at
Dec. 31, 2009
as at
Dec. 31, 2010
Authorised Capital
500.0 500.0 500.0 500.0
Paid Up Capital
150.0** 150.0** 150.0** 150.0**
Insurance Funds
242.9 265.7
282.1
300.2
         
  2007
USD
million
2008
USD
million
2009
USD
million
2010
USD
million
Year ended
Dec. 31, 2007
Year ended
Dec. 31, 2008
Year ended
Dec. 31, 2009
Year ended
Dec. 31, 2010
Gross Premium Income 183.7
216.2
232.4 242.8
Net Premium Income 163.2
193.1
201.3 204.5
Earned Premium Income 150.9
202.2
195.5 204.6
Net Commission 40.7
54.8
56.6 61.6
Net Claims Incurred 95.3
130.8
123.2 128.8
Management Expenses 13.0
13.5
13.2 13.5
Investment Income 13.3
11.2
9.7 13.8
Profit/(Loss) before Tax 22.5
(6.1)
14.0 13.1

 


**Additional US$ 50 million has been alloted (February 27th, 1998) but not called.

Please contact Ms Thecla C.Baptist at thecla@labuanre.com.my for a copy of Labuan Re’s latest Annual Report.

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