2023 FINANCIALS
KEY FINANCIAL INDICATORS – CENTRIQ GROUP
| INCOME INDICATORS |
31 Dec 2023 R’000 |
31 Dec 2022 R’000 |
31 Dec 2021 R’000 |
|---|---|---|---|
| PREMIUMS WRITTEN | 14,521,902 | 14,331,985 | 9.315,357 |
| PROFIT AFTER TAX | 3,008,319 | 2,037,058 | 1,633,344 |
| PROFIT AFTER TAX – Attributable to ordinary shareholders | 271,911 | 205,431 | 166,308 |
| FINANCIAL POSITION INDICATORS |
31 Dec 2023 R’000 |
31 Dec 2022 R’000 |
31 Dec 2021 R’000 |
|---|---|---|---|
| TOTAL ORDINARY SHAREHOLDER FUNDS | 749,179 | 600,962 | 520,188 |
|
TOTAL SHAREHOLDER FUNDS (including preference shareholder capital) | 8,304,293 | 5,871,748 | 3,509,627 |
| TOTAL ASSETS | 24,809,732 | 20,083,464 | 12,734,526 |
LICENCE SOLVENCY INDICATORS
| CENTRIQ INSURANCE COMPANY LIMITED |
31 Dec 2023 R’000 |
31 Dec 2022 R’000 |
31 Dec 2021 R’000 |
|---|---|---|---|
| BASIC OWN FUNDS (Licence) | 5,482,378 | 4,632,295 | 3,088,241 |
| SOLVENCY CAPITAL REQUIREMENT (Licence diversified) | 2,028,681 | 1,479,802 | 1,178,598 |
| CENTRIQ LIFE INSURANCE COMPANY LIMITED |
31 Dec 2023 R’000 |
31 Dec 2022 R’000 |
31 Dec 2021 R’000 |
|---|---|---|---|
| BASIC OWN FUNDS (Licence) | 6,812,083 | 3,142,931 | 1,542,577 |
| SOLVENCY CAPITAL REQUIREMENT (Licence diversified) | 2,812,355 | 2,167,812 | 1,134,816 |