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97 billion dinars premiums realized by the National Insurance Company DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

97 billion dinars premiums realized by the National Insurance Company

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97 billion dinars premiums realized by the National Insurance Company Empty 97 billion dinars premiums realized by the National Insurance Company

Post by RamblerNash Thu Jul 27, 2017 2:11 am

97 billion dinars premiums realized by the National Insurance Company

97 billion dinars premiums realized by the National Insurance Company Image

25-07-2017 05:39 PM

The Euphrates -
 
The National Insurance Company has achieved insurance premiums of 97 billion and 778 million and 386 thousand dinars for the year 2016 against premiums in the year earlier 92 billion and 923 million and 5 thousand dinars, an increase of 5 percent.

The company showed in its annual report for the year 2016 a decrease in compensation paid by 19 percent compared to the previous year, indicating that the compensation paid for 2016 amounted to 38 billion and 627 million and 858 thousand dinars for compensation of 47 billion and 448 million and 423 thousand dinars for the year 2015 The capital of the National Insurance Company amounted to 15 billion dinars for the year 2016. The report pointed out that the volume of investments last year amounted to 171 billion and 263 million and 956 thousand dinars compared to the volume of investments in the previous year 157 billion and 570 million and 780 thousand dinars, 8 percent. According to the report, investment revenues for the year 2016 amounted to 8 billion and 402 million and 492 thousand dinars compared to revenues achieved in the previous year amounted to 7 billion and 215 million and 30 thousand dinars, an increase of 16 percent.

And the existence of a number of problems and obstacles that hindered the work of the company, including the lack of renewal of many public sector documents because of the reduction of the allocation of the paragraph of insurance in the budget - according to the report -. He added that the military operations in the provinces in which it led to the loss of the company to a number of insurance documents there, in addition to the lack of an investment budget, which led to the suspension of many investment projects. The report stressed the impact of inflation in the balance of payments, explaining that inflation included all economic facilities in the country and extended to the revenues and expenses of the company, which in turn protect the funds of the insured, whether the government sector or private amounts and current impact of inflation, Insurance prices covering such protection and preserving their rights and financial solvency.

The report pointed out that the total technical reserves amounted to 119 billion and 227 million and 986 thousand dinars for the year 2016 compared to reserves of 116 billion and 270 million and 16 thousand dinars for the year 2015, an increase of 2 percent. The per capita productivity - according to the report - 104 million and 800 thousand dinars for the year against 98 million and 960 thousand dinars for the year 2015, an increase of 6 percent. The added value increased by 47 percent as it reached for the year 2016 from 28 billion and 464 million and 306 thousand dinars compared to 19 billion and 308 million and 175 thousand dinars for the previous year.

http://www.alforat.info/index.php?page=article&id=48360
RamblerNash
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