Summarised Results
 
2013
USD
million
2014
USD
million
2015
USD
million
2016
USD
million
as at
Dec. 31, 2013
as at
Dec. 31, 2014
as at
Dec. 31, 2015
as at
Dec. 31, 2016
Authorised Capital
500.0 500.0 500.0 500.0
Paid Up Capital
150.0** 150.0** 150.0** 150.0**
Insurance Funds
347.4 335.9
280.1
261.3
2013
USD
million
2014
USD
million
2015
USD
million
2016
USD
million
Year ended
Dec. 31, 2013
Year ended
Dec. 31, 2014
Year ended
Dec. 31, 2015
Year ended
Dec. 31, 2016
Gross Premium Income
224.9
248.0 161.8 153.9
Net Premium Income
170.2
175.2 129.6 119.8
Earned Premium Income
190.3
171.9 142.9 119.8
Net Commission
60.5
47.0 26.5 35.9
Net Claims Incurred
114.6
104.1 81.3 75.6
Management Expenses
15.0
25.5 28.6 9.6
Investment Income
11,2
9.5 9.1 8.3
Profit/(Loss) before Tax
8.5
4.6 13.1 9.9

**Additional US$ 50 million has been alloted (February 27th, 1998) but not called.

Please contact Ms Thecla C.Baptist at thecla@labuanre.com.my for a copy of Labuan Re’s latest Annual Report.