Presentation on theme: "General Information Date of foundation: February 19, 2001 License for Reinsurance № П 3486 77 of June 7, 2007 by Federal Agency of Insurance Supervision."— Presentation transcript:
Date of foundation: February 19, 2001 License for Reinsurance № П of June 7, 2007 by Federal Agency of Insurance Supervision Shareholder : 100% JSC «Alex Group» : Paid authorized capital stock: RUR Declared authorized capital stock: RUR – to RUR – to Insurance reserves (on )– RUR
M ission of Profile Re is to increase reliability of insurance within Russia and all over the World. By rendering high-quality proficient services we aim at leadership in reinsurance. Profile Re is a trustworthy partner in reinsurance.
Profile Re’s Performance Standards Quotation of facultative slips during 1 hour Accept slips during 1 working day (always with the date of receiving of the offer) Payment of indemnity on the next day after receiving all relevant documents.
Figures and facts
, 9 months Authorized capital stock 40,0120,0 Written Premium 21,640,641,885,5105,2 Paid Losses 5,516,123,437,048,5 Own assets 46,5127,1 135,8156,8 Operation expenses 7,012,917,421,116,6 Operation expenses ratio, % 26%29%38%24%16% Net profit 0,90,60,0048,616,6 Dynamic of Basic Figures, mln RUR
Dynamic of written premium and losses, mln. RUR
Dynamic of Net Profit, mln. RUR
Kind of asset Total sum of assets on , Own assets settled by Low Reserves Own assets in excess of settled by Low Available assets Deposits in banks with Rating 60,048,012,0-- Deposits in banks without Rating 34,324,010,00,3- Settlement account 70,840,622,74,52,9 Real estate 6,3 --0,1 Fixed assets other then real estate 1,1 --0,1 Reinsurance receivable 39,9-13,7-26,2 Other receivable 4,5--- Reinsurers’ share in reserves 0,9- -- Funds held by ceding companies 0,5- -- Shares of other organisations 33,2-- - Total 251,8120,060,038,033,9 Spread of own assets, mln. RUR
Rating agencyRateDescription Expert RA«А»High level of reliability. In a short-term period company can guarantee with confidence fulfillment of all undertaken obligations: current and running out of reinsurance operations. Fulfillment of medium-term obligations requiring considerable expenses extensively depends on stability of Macroeconomic and Insurance Market activities. Rating of reliability