Consolidated Insurance Data, 2013 - 2015

COMPANIES201320142015
Details(in 000 GMD)(in 000 GMD)(in 000 GMD)
Gross Premium214,149211,625233,699
Premium Refunds-440.0-527.0-4,507.0
Value Added Tax0.0-2,346.0-2,570.0
Written Premium213,709208,752226,622
Reinsurance-37,032.0-37,117.0-38,138.0
Retained Premium176,677171,635188,484
Provision for unearned Premium brought/forward50,37022,18332,471
Provision for unearned Premium carried/forward-68,733.0-25,330.0-40,173.0
Earned Premium158,314168,488180,782
Commission Received7,65011,21118,940
Commission Paid-16,228.0-22,728.0-20,060.0
Net Commission-6,026.0-11,517.0-1,120.0
Life Fund provision-1,385.0-10,671.0-9,873.0
Claims Charged-34,801.0-31,715.0-44,176.0
Recoveries90.04666,253
purchase of brown card-257.00.0517
Management fee-848.0-394.00.0
Reinsurance provision w/back0.00.00.0
Other underwriting expenses-45.0-234.00.0
Surplus Premium115,042114,423132,383
Other operating income2,5887,0194,698
Admin & other Expenses-137,292.0-133,573.0-134,091.0
Operating Profit/(Loss)-19,662.0-12,131.02,990
Investment income12,30012,74316,619
Interest Receivable1,4804,1333,903
Interest Paid/Bank charges-4,407.0-3,164.0-3,430.0
Other income3,7977,9164,634
Dividend received673773250
Exceptional items3,997-357.00.0
Profit/(Loss) before tax-1,822.09,91324,966
Zakat0.00.0-1,604.0
Taxation-5,054.0-4,695.0-4,596.0
Profit/(Loss) after tax-6,876.05,21818,766
Contingency reserve provision-4,098.0-4,340.0-3,684.0
Dividend paid-4,111.0-4,264.0-3,666.0
Staff Bonus-71.00.00.0
Other transfer0.0360-381.0
Profit/(Loss) brought/forward-62,187.0-74,095.0-80,630.0
Prior year adjustment0.0-39.0-2,484.0
Retained profit/(Loss)-77,343.0-77,160.0-72,079.0
Source: Central Bank of the Gambia
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{"name":"2013","data":[{ name: 'Details', y: 0},{ name: 'Gross Premium', y: 214149},{ name: 'Premium Refunds', y: -440},{ name: 'Value Added Tax', y: 0},{ name: 'Written Premium', y: 213709},{ name: 'Reinsurance', y: -37032},{ name: 'Retained Premium', y: 176677},{ name: 'Provision for unearned Premium brought/forward', y: 50370},{ name: 'Provision for unearned Premium carried/forward', y: -68733},{ name: 'Earned Premium', y: 158314},{ name: 'Commission Received', y: 7650},{ name: 'Commission Paid', y: -16228},{ name: 'Net Commission', y: -6026},{ name: 'Life Fund provision', y: -1385},{ name: 'Claims Charged', y: -34801},{ name: 'Recoveries', y: 90},{ name: 'purchase of brown card', y: -257},{ name: 'Management fee', y: -848},{ name: 'Reinsurance provision w/back', y: 0},{ name: 'Other underwriting expenses', y: -45},{ name: 'Surplus Premium', y: 115042},{ name: 'Other operating income', y: 2588},{ name: 'Admin & other Expenses', y: -137292},{ name: 'Operating Profit/(Loss)', y: -19662},{ name: 'Investment income', y: 12300},{ name: 'Interest Receivable', y: 1480},{ name: 'Interest Paid/Bank charges', y: -4407},{ name: 'Other income', y: 3797},{ name: 'Dividend received', y: 673},{ name: 'Exceptional items', y: 3997},{ name: 'Profit/(Loss) before tax', y: -1822},{ name: 'Zakat', y: 0},{ name: 'Taxation', y: -5054},{ name: 'Profit/(Loss) after tax', y: -6876},{ name: 'Contingency reserve provision', y: -4098},{ name: 'Dividend paid', y: -4111},{ name: 'Staff Bonus', y: -71},{ name: 'Other transfer', y: 0},{ name: 'Profit/(Loss) brought/forward', y: -62187},{ name: 'Prior year adjustment', y: 0},{ name: 'Retained profit/(Loss)', y: -77343}]}|{"name":"2014","data":[{ name: 'Details', y: 0},{ name: 'Gross Premium', y: 211625},{ name: 'Premium Refunds', y: -527},{ name: 'Value Added Tax', y: -2346},{ name: 'Written Premium', y: 208752},{ name: 'Reinsurance', y: -37117},{ name: 'Retained Premium', y: 171635},{ name: 'Provision for unearned Premium brought/forward', y: 22183},{ name: 'Provision for unearned Premium carried/forward', y: -25330},{ name: 'Earned Premium', y: 168488},{ name: 'Commission Received', y: 11211},{ name: 'Commission Paid', y: -22728},{ name: 'Net Commission', y: -11517},{ name: 'Life Fund provision', y: -10671},{ name: 'Claims Charged', y: -31715},{ name: 'Recoveries', y: 466},{ name: 'purchase of brown card', y: 0},{ name: 'Management fee', y: -394},{ name: 'Reinsurance provision w/back', y: 0},{ name: 'Other underwriting expenses', y: -234},{ name: 'Surplus Premium', y: 114423},{ name: 'Other operating income', y: 7019},{ name: 'Admin & other Expenses', y: -133573},{ name: 'Operating Profit/(Loss)', y: -12131},{ name: 'Investment income', y: 12743},{ name: 'Interest Receivable', y: 4133},{ name: 'Interest Paid/Bank charges', y: -3164},{ name: 'Other income', y: 7916},{ name: 'Dividend received', y: 773},{ name: 'Exceptional items', y: -357},{ name: 'Profit/(Loss) before tax', y: 9913},{ name: 'Zakat', y: 0},{ name: 'Taxation', y: -4695},{ name: 'Profit/(Loss) after tax', y: 5218},{ name: 'Contingency reserve provision', y: -4340},{ name: 'Dividend paid', y: -4264},{ name: 'Staff Bonus', y: 0},{ name: 'Other transfer', y: 360},{ name: 'Profit/(Loss) brought/forward', y: -74095},{ name: 'Prior year adjustment', y: -39},{ name: 'Retained profit/(Loss)', y: -77160}]}|{"name":"2015","data":[{ name: 'Details', y: 0},{ name: 'Gross Premium', y: 233699},{ name: 'Premium Refunds', y: -4507},{ name: 'Value Added Tax', y: -2570},{ name: 'Written Premium', y: 226622},{ name: 'Reinsurance', y: -38138},{ name: 'Retained Premium', y: 188484},{ name: 'Provision for unearned Premium brought/forward', y: 32471},{ name: 'Provision for unearned Premium carried/forward', y: -40173},{ name: 'Earned Premium', y: 180782},{ name: 'Commission Received', y: 18940},{ name: 'Commission Paid', y: -20060},{ name: 'Net Commission', y: -1120},{ name: 'Life Fund provision', y: -9873},{ name: 'Claims Charged', y: -44176},{ name: 'Recoveries', y: 6253},{ name: 'purchase of brown card', y: 517},{ name: 'Management fee', y: 0},{ name: 'Reinsurance provision w/back', y: 0},{ name: 'Other underwriting expenses', y: 0},{ name: 'Surplus Premium', y: 132383},{ name: 'Other operating income', y: 4698},{ name: 'Admin & other Expenses', y: -134091},{ name: 'Operating Profit/(Loss)', y: 2990},{ name: 'Investment income', y: 16619},{ name: 'Interest Receivable', y: 3903},{ name: 'Interest Paid/Bank charges', y: -3430},{ name: 'Other income', y: 4634},{ name: 'Dividend received', y: 250},{ name: 'Exceptional items', y: 0},{ name: 'Profit/(Loss) before tax', y: 24966},{ name: 'Zakat', y: -1604},{ name: 'Taxation', y: -4596},{ name: 'Profit/(Loss) after tax', y: 18766},{ name: 'Contingency reserve provision', y: -3684},{ name: 'Dividend paid', y: -3666},{ name: 'Staff Bonus', y: 0},{ name: 'Other transfer', y: -381},{ name: 'Profit/(Loss) brought/forward', y: -80630},{ name: 'Prior year adjustment', y: -2484},{ name: 'Retained profit/(Loss)', y: -72079}]}
Details|Gross Premium|Premium Refunds|Value Added Tax|Written Premium|Reinsurance|Retained Premium|Provision for unearned Premium brought/forward|Provision for unearned Premium carried/forward|Earned Premium|Commission Received|Commission Paid|Net Commission|Life Fund provision|Claims Charged|Recoveries|purchase of brown card|Management fee|Reinsurance provision w/back|Other underwriting expenses|Surplus Premium|Other operating income|Admin & other Expenses|Operating Profit/(Loss)|Investment income|Interest Receivable|Interest Paid/Bank charges|Other income|Dividend received|Exceptional items|Profit/(Loss) before tax|Zakat|Taxation|Profit/(Loss) after tax|Contingency reserve provision|Dividend paid|Staff Bonus|Other transfer|Profit/(Loss) brought/forward|Prior year adjustment|Retained profit/(Loss)
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Consolidated Insurance Data, 2013 - 2015
  • Source: Central Bank of the Gambia
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