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Ancoria Insurance Public Ltd

Financial Data *

  2020 2019 2018 2017
  SEK SEK SEK SEK
  '000 '000 '000 '000
Gross Premiums 257,244 304,444 275,671 242,442
Operating Profit/(loss) 11,023 16,604 12,401 19,977
Operating and Administrative expenses 31,195 32,579 29,740 27,894
Corporate Income tax 2,807 1,025 3,205 3,543
Net profit/(loss) for the year (3,240) 30,260 (2,407) 13,155
Total Assets 2,894,833 3,016,139 2,683,615 2,706,227
Total Shareholders' Funds 255,036 263,981 246,806 255,510
Policyholders' funds under management 2,615,946 2,728,006 2,402,622 2,411,049
Solvency ratio (under Solvency II Regulatory Framework) 232% 244% 275% 283%

 

* Source: Audited Financial Statements 2020

The project was submitted under the Digital Transformation for Business Program and is co-funded by the European Regional Development Fund and the Republic of Cyprus.