Financial Highlights

Financial Year Ended 30 June 2008
(RM mil)
2007
(RM mil)
2006
(RM mil)
2005
(RM mil)
2004
(RM mil)
Gross Premium 1,081.9 1,096.4 1,101.3 1,187.1 1,056.3
Net Premium 995.8 1,015.8 1,022.8 1,092.9 963.8
Earned Premium 1,003.2 1,015.2 1,039.2 1,055.0 898.1
Underwriting (Deficit) / Surplus (400.1) (165.5) (22.5) 159.5 30.9
Investment & Other Income 92.3 181.8 66.0 55.0 89.3
(Loss) / Profit Before Tax (307.8)
16.3 43.5 214.5 89.2
(Loss) / Profit After Tax (295.2)
5.2 30.6 153.7 53.7
Total Assets 2,015.7 2,111.0 1,875.0 1,911.4 1,666.5
Technical Reserves 1,870.5 1,660.3 1,420.9 1,334.8 1,176.1
Shareholders' Fund 72.1 367.3 382.1 491.4 412.8



Financial Strength Rating

Kurnia Insurans (Malaysia) Berhad's financial strength rating has been reaffirmed at A+ by Malaysian Rating Corporation Berhad (MARC) to reflect the Company's expanding share of the local general insurance market; its ability to maintain its leadership position in the motor insurance segment and the realization of its premium growth target.

Rating Analysis
Mar 2006 General Insurance Financial Strength A+ View Report
Jan 2005 General Insurance Financial Strength A+ View Report
Mar 2004 General Insurance Financial Strength A+ View Report
May 2003 General Insurance Financial Strength A View Report
Mar 2002 General Insurance Financial Strength A View Report
May 2000 Claims Paying Ability A  
Feb 1999 Claims Paying Ability A  

Back To Top