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Sasria still recovering from 2021 riots

12:19
 
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Manage episode 445211885 series 2915042
Indhold leveret af Kaya 959. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Kaya 959 eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
GUEST – Dirk Kunz - Sasria’s Chief Financial Officer
Financial Highlights:
•Total assets increased to R16.4 billion (2023: R14.1 billion).
•Insurance revenue grew by 17.67% to R5.25 billion (2023: R4.46 billion).
•Profit for the year stood at R3.33 billion, reflecting Sasria's operational resilience and efficiency.
•Investment income saw a notable rise to R1.02 billion (2023: R693 million).
•Accumulated losses improved from R11.19 billion in 2023 to R7.86 billion, bolstering Sasria's equity position.
•Reinsurance Costs: Net reinsurance expenses increased slightly to R1.33 billion, suggesting that Sasria continues to manage its risk exposure effectively, although reinsurance costs remain a considerable expense. Kaya FM
  continue reading

168 episoder

Artwork
iconDel
 
Manage episode 445211885 series 2915042
Indhold leveret af Kaya 959. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Kaya 959 eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
GUEST – Dirk Kunz - Sasria’s Chief Financial Officer
Financial Highlights:
•Total assets increased to R16.4 billion (2023: R14.1 billion).
•Insurance revenue grew by 17.67% to R5.25 billion (2023: R4.46 billion).
•Profit for the year stood at R3.33 billion, reflecting Sasria's operational resilience and efficiency.
•Investment income saw a notable rise to R1.02 billion (2023: R693 million).
•Accumulated losses improved from R11.19 billion in 2023 to R7.86 billion, bolstering Sasria's equity position.
•Reinsurance Costs: Net reinsurance expenses increased slightly to R1.33 billion, suggesting that Sasria continues to manage its risk exposure effectively, although reinsurance costs remain a considerable expense. Kaya FM
  continue reading

168 episoder

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