Tuesday, April 17, 2018

Insurance premiums up four percent.

Gross written insurance premiums increased four percent to $1.63 billion in 2017 compared with the previous year, according to the Association of Insurance Companies (ACAL).

Non-life insurance premiums continue to account for around 69 percent of total premiums with the remaining 31 percent consisting of life insurance premiums.

The insurance companies realized a net investment income of $158.4 million, up 15 percent compared with 2016.

Indemnities paid by insurance companie...

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