2022 FINANCIALS

 

FINANCIALS – CENTRIQ GROUP

 

STATEMENT OF COMPREHENSIVE INCOME 31 Dec 2022
R’000
31 Dec 2021
R’000
31 Dec 2020
R’000
31 Dec 2019
R’000
GWP 12,269,037 7,949,641 5,953,856 4,845,671
NET INCOME AFTER TAX 2,136,385 1,633,344 1,229,980 755,024
– Attributable to ordinary shareholders 196,866 166,247 108,469 93,391
STATEMENT OF FINANCIAL POSITION 31 Dec 2022
R’000
31 Dec 2021
R’000
31 Dec 2020
R’000
31 Dec 2019
R’000
TOTAL ORDINARY SHAREHOLDER FUNDS 636,117 546,397 423,759 366,939
TOTAL SHAREHOLDER FUNDS
(including preference shareholder capital)
6,014,795 3,667,282 3,157,797 2,445,820
TOTAL FUNDS UNDER MANAGEMENT 16,942,347 10,757,218 9,446,508 7,707,412

REGULATORY BASIS – LICENCE LEVEL

 

CENTRIQ INSURANCE COMPANY LIMITED 31 Dec 2022
R’000
31 Dec 2021
R’000
31 Dec 2020
R’000
31 Dec 2019
R’000
BASIC OWN FUNDS (Licence) 4,632,295 3,088,241 2,446,215 2,028,556
SOLVENCY CAPITAL REQUIREMENT (Licence diversified) 1,479,802 1,178,598 995,226 782,085
CENTRIQ LIFE INSURANCE COMPANY LIMITED 31 Dec 2022
R’000
31 Dec 2021
R’000
31 Dec 2020
R’000
31 Dec 2019
R’000
BASIC OWN FUNDS (Licence) 3,142,931 1,542,577 1,356,488 838,831
SOLVENCY CAPITAL REQUIREMENT (Licence diversified) 2,167,812 1,134,816 540,682 360,418

 

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.
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