| DESCRIPTION |
2010 |
2009 |
| Assets |
99,181,811 |
98,207,364 |
| Investments |
62,837,959 |
53,234,731 |
| Equity |
49,895,295 |
44,900,752 |
| Technical reserves |
22,108,003 |
20,792,960 |
| Gross premiums |
67,333,053 |
58,957,825 |
| Net premiums |
33,852,317 |
26,330,827 |
| Net earned premiums |
32,748,493 |
25,839,614 |
| Total claim expenses |
18,193,851 |
14,466,164 |
| Underwriting income |
13,338,552 |
10,435,994 |
| Investment income |
4,023,128 |
5,130,988 |
| Income before income tax |
9,975,498 |
9,881,614 |
| Net income |
8,317,522 |
8,217,948 |
| Coverage ratio of solvency margin |
256% |
270% |
| Investment to technical reserve and own retention claim payable ratio |
302% |
293% |
| Liquidity ratio |
195% |
186% |
| Net premiums to equity ratio |
68% |
62% |
| Direct premiums to indirect premiums ratio |
2138% |
1741% |
| Expenses (claims, operating and commission) to net premium income ratio |
91% |
92% |
|