The Group’s Gross Premium Income at 31st December 2010 amounted to Rs.2,920 million, representing an increase of 14% (Rs.2,565 million in 2009). The Net Earned Premiums have increased by 13% from Rs.1,834 million in 2009 to Rs.2,079 million this year.
The Profit Before Tax increased to Rs.229.2 million in 2010, representing a rise of 7% (Rs.213.4 million in 2009).
Total assets under the management of the Swan Group amounted to Rs.22.9 billion at 31st December 2010 (Rs.20.3 billion in 2009) representing an increase of 13%.
The Life Assurance Fund amounted to Rs.20.9 billion at 31st December 2010 compared to Rs.18.5 billion in 2009, an increase of 13%.
The Net Asset Value per Share amounted to Rs.141.29 in 2010 (Rs.127.45 in 2009) and the Earnings per Share increased by 6% at Rs.25.66 compared to Rs.24.10 in 2009.