39m earlier, whereas for the third quarter the company reported a loss of BD41,000 as against underwriting profit
of BD479,000 earlier.
Biger and Kahane derived an equilibrium underwriting profit
rates based on the Capital Asset Pricing Model (CAPM).
Average loss ratio for all companies analyzed was 40%, while average underwriting profit
ratio is 10%.
PSC (TAKAFUL) has reported a net profit of AED 45 million and an underwriting profit
of AED 35 million for the period ended 30 September 2016 achieving strong growth of 53 per cent against a net profit of AED 29 million and 46 per cent against an underwriting profit
of AED 24 for the same period last year.
Group underwriting profit
rose to GBP220m from GBP41m a year earlier.
Underwriting returns are a function of underwriting profit
and loss margins and operating leverage (premiums/equity).
8 million, as well as realising an underwriting profit
for the six-month period was BD0.
There was 38% growth in underwriting profit
from the levels in 2012.
The break-up of Profit and Loss Account of PRCL showed Rs 578 million underwriting profit
in nine months ending on Sept 30, 2012 as compared to Rs 283 million during the corresponding period last year.
Interest rates continue to be very low, which puts more pressure on carriers to make an underwriting profit
Analysis by business advisory firm Deloitte showed that the household insurance market will make an underwriting profit
in 2011 following losses in 2010.