F2020 FINANCIAL REVIEW

 

FINANCIALS – CENTRIQ GROUP

 

STATEMENT OF COMPREHENSIVE INCOME 31 Dec 2020
R’000
31 Dec 2019
R’000
31 Dec 2018
R’000
31 Dec 2017
R’000
GWP 5,953,856 4,845,671 4,098,708 2,798,919
NET INCOME AFTER TAX 1,229,980 755,024 420,697 256,238
– Attributable to ordinary shareholders 108,469 93,391 71,258 75,215
STATEMENT OF FINANCIAL POSITION 31 Dec 2020
R’000
31 Dec 2019
R’000
31 Dec 2018
R’000
31 Dec 2017
R’000
TOTAL ORDINARY SHAREHOLDER FUNDS 423,759 366,939 323,691 280,933
TOTAL SHAREHOLDER FUNDS
(including preference shareholder capital)
3,157,797 2,445,820 1,897,054 1,587,456
TOTAL FUNDS UNDER MANAGEMENT 9,446,508 7,707,412 6,061,121 4,553,853

REGULATORY BASIS – LICENCE LEVEL

 

CENTRIQ INSURANCE COMPANY LIMITED 31 Dec 2020
R’000
31 Dec 2019
R’000
31 Dec 2018
R’000
31 Dec 2017
R’000
BASIC OWN FUNDS (Licence) 2,446,215 2,028,556 1,596,997 1,458,965
SOLVENCY CAPITAL REQUIREMENT (Licence diversified) 995,226 782,085 620,474 499,385
CENTRIQ LIFE INSURANCE COMPANY LIMITED 31 Dec 2020
R’000
31 Dec 2019
R’000
31 Dec 2018
R’000
31 Dec 2017
R’000
BASIC OWN FUNDS (Licence) 1,356,488 838,831 275,438 222,493
SOLVENCY CAPITAL REQUIREMENT (Licence diversified) 540,682 360,418 74,558 65,125

 

Centriq Insurance Company Limited and Centriq Life Insurance Company Limited are authorised financial services providers and licensed insurers conducting non-life and life insurance business.
COPYRIGHT © 2017 CENTRIQ INSURANCE COMPANY LIMITED