AccountingOverviewPage

Accounting Overview

Integrated financial view across Underwriting, Claims, Medical, Reinsurance & IFRS 17

Gross Written Premium

3,469,996,742 FRW

All active policies

Total Incurred Claims

1,586,783,836 FRW

GI + Reins claims

Cash Received (YTD)

275,046,533 FRW

Reinsurer receipts

Medical Paid (YTD)

300,655 FRW

Medical claims net payable

Outstanding Recoveries

19,192,111 FRW

Reinsurance recoveries

Total Expenses (YTD)

200,000 FRW

Management + LAE

Loss Ratio

45.7%

Incurred / GWP

Combined Ratio

45.7%

(Claims + Expenses) / GWP

Journal Entries (YTD)

2

Posted + pending

Net Retention

1,552,111,865 FRW

Company retention

Underwriting
Gross Written Premium3,469,996,742 FRW
Active Policies160
Quotations Pending6

Feeds → Premium Accounting, IFRS 17 LRC, P&L Revenue

Claims (GI)
Open Claims12
Total Reserves30,000,000 FRW
Gross Incurred1,586,783,836 FRW
Reinsurers' Share34,671,971 FRW
Settled (YTD)0 FRW

Feeds → Claims Payments, Reserving, P&L Expense, IFRS 17 LIC

Medical
Active Medical Policies8
Medical Premium (YTD)195,514,821 FRW
Total Billed794,719 FRW
Total Approved47,125 FRW
Net Payable (YTD)300,655 FRW

Feeds → Medical Claims Accounting, P&L Expense

Reinsurance
Cash Received (YTD)275,046,533 FRW
Outstanding Recoveries19,192,111 FRW
Premium Adjustments8 records
Profit Commissions0 FRW

Feeds → Ledger, Cash Allocation, P&L Finance Income

Expenses
Management Expenses200,000 FRW
Loss Adj. Expenses (LAE)0 FRW
Total Expenses (YTD)200,000 FRW

Feeds → Expense Accounting, Budget Control, P&L Expense

IFRS 17
Contract Groups2
Total LRC51,642 FRW
Total CSM1,280 FRW
Insurance Revenue8,538 FRW

Feeds → IFRS 17 P&L, Balance Sheet, Regulatory Disclosures

Premium vs Claims by Source
GI PoliciesMedicalRecoveries0.0M900.0M1800.0M2700.0M3600.0M
  • Premium / Revenue
  • Claims / Payments
GWP by Class of Business
Fire52.6% — 1,825,828,063 FRW
Accident31.2% — 1,084,010,000 FRW
Contractors All Risks12.9% — 447,220,000 FRW
Marine Cargo1.3% — 44,792,191 FRW
Motor1.2% — 41,708,588 FRW
Bonds0.7% — 23,600,000 FRW
base44
Edit with Base44