Financial Profile:
	Yemen General  Insurance Co.
	Figs in Yr. ‘000
		2020	2019	2018
	Assets:
	Liquid & current assets	4,588,907	4,091,376	4,162,422
	Net premium receivables	1,462,954	1,371,968	884,385
	Long term non liquid assets	122,834	118,212	123,889
	Total assets	6,174,695	5,581,556	5,170,696
		2020	2019	2018
	Liabilities - Technical reserves:
	- Loss reserves	503,220	414,921	317,660
	- IBNR	60,000	214,000	427,500
	- Unearned premium reserve	631,208	527,840	452,787
	Accounts payable	496,804	295,084	306,504
	Other short term liabilities	1,349,849	1,273,274	1,220,416
	Total liabilities	3,021,081	2,725,119	2,724,867
		2020	2019	2018
	Shareholders equity
	Capital	1,000,000	1,000,000	1,000,000
	Statutory reserve	515,265	460,548	394,487
	General reserve	1,638,349	1,395,889	1,051,342
	Total Shareholders equity	3,153,614	2,856,437	2,445,829
	Total liabilities & Shareholders equity	6,174,695	5,581,556	5,170,696
	#Authorized Paid up capital increased to YR 1 Billion as at 6/04/2010           self financed from internal resources.
	Other Key Figures:
		2020	2019	2018
	Written premiums	2,086,817	1,784,137	1,943,767
	Reinsurance premiums	478,238	408,520	712,368
	Net earned premiums	1,505,211	1,257,897	1,054,357
	Net incurred claims	1,023,798	578,549	402,419
	Underwriting profit	59,652	294,892	323,209
	Investment income	496,947	475,058	452,996
	Pre-tax profits	702,256	830,760	780,857
	Net profits	547,177	660,608	609,528
	Dividend/share	250	250	250
	Source  : Audited final accounts & related information
	Rating   : 2001 "BB-" , 2002 "BBB" (Muhanna & Co. Rating services, Beirut)
	Bankers: Arab Bank.
	Auditors: A. Raouf Al Ezzie, Correspondents to Talal Abu Ghazaleh