Page 9 - Continental Reinsurance 2022 Annual Report
P. 9
Financial Highlights 07
For the year ended 31st December, 2022
=N= millions, unless otherwise stated 2021 2022 change
Non-Life in %
64,454
Premium earned 49,003 94% 32%
Combined ratio in % (Net of Retro) 92% 2%
Life 4,494 5,477 22%
Premium earned
Investment 2,635 3,967 51%
Investment income (Net of Provision) 10% 11%
Return on investment in %
Total 53,497 69,931 31%
Premium earned 5,449 6,835 25%
Net income 30 45
Earnings per share in kobo 17%
Shareholders' equity 43,230 50,521
Return on equity1 in % 13% 14% 12%
Number of employees2 112 125
1Return on equity is calculated by dividing annualized net income attributable to
common shareholders by average common shareholder`s equity.
2Permanent staff
Financial strength ratings A.M Best
as at 31st December,2022 B+
Ratings
Outlook Good
Share Performance NA
Market Capitalization as at 31st December 2022 NA
Share price in =N= NA
Number of Shares (Billion)
Market capitalisation in =N= Bn
