Disclosure
| Accounts | FY 2022 | FY 2021 | |
|---|---|---|---|
| Operating Revenues | 106,096,241 | 122,296,361 | |
| Net Earned Premium Income | 84,044,882 | 99,177,717 | |
| Services Charge Revenue | 1,539 | 1,826 | |
| Net Investment Income | 22,022,139 | 23,096,968 | |
| Other Operating Revenues | 27,681 | 19,850 | |
| Operating Cost | 103,687,890 | 123,518,956 | |
| Claims Payment | 88,933,018 | 118,377,154 | |
| Net Change in Insurance Liabilities | 14,174,597 | 4,543,926 | |
| Commissions | 379,822 | 354,982 | |
| Other Operating Cost | 200,453 | 242,894 | |
| Operating Expenses | 2,815,242 | 2,777,639 | |
| Operating Income(Loss-) | -406,891 | -4,000,234 | |
| Non-operating Income | 61,722 | 44,941 | |
| Non-operating Expenses | 6,534 | 972 | |
| Net Non-operating Income(Loss-) | 55,188 | 43,969 | |
| Net Income or Loss(-) Before Taxes | -351,703 | -3,956,265 | |
| Income Taxes(Gain-) | -5,586,661 | -444,531 | |
| Profit or Loss(-) for the Year | 5,234,958 | -3,511,734 | |
| Other Comprehensive Income for the year | -10,090,300 | 2,526,555 | |
