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Actuarial

Saturday, 31 October 2009

Kurnia's Q1 results

Highlights of Kurnia Asia's Q1 results (July - September 2009 vs July - September 2008):

  • Profit (RM): 32.2 mil vs -12.1 mil (mainly due to investment performance)
  • Net investment & other income (RM): 34 mil vs -8 mil (mainly write-back of mark-to-market losses)
  • Revenue (RM): 255 mil vs 304 mil (more stringent risk selection practice)
  • Underwriting surplus (RM): 3.68 mil vs 2.67 mil

Note: There is a change of financial year to 31 December from 30 June.

Source: Bursa, The Star, The Edge, Business Times

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posted by Teh Loo Hai @ 11:31 AM   0 Comments Links to this post

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