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    CONTENT
    • Home Page
    • Independent auditor’s report
    • Statement of Financial Position
    • Statement of Income
    • Statement of Comprehensive Income
    • Statement of Changes in Equity
    • Statement of Cash Flows
    • Notes to the financial statements

    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

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    Sub section

    • 3.1 Accounting convention
    • 3.2 Property and equipment
    • 3.3 Gross Premiums
    • 3.4 Unearned Premium Reserve
    • 3.5 Claims
    • 3.6 Incurred but not reported claims reserve (IBNR)
    • 3.7 Unallocated Loss Adjustment Expenses Reserve (ULAE)
    • 3.8 Unexpired Risk Reserve (URR)
    • 3.9 Liability adequacy test
    • 3.10 Reinsurance premium
    • 3.11 Reinsurance assets
    • 3.12 Financial instruments
    • 3.13 Receivables and payables related to insurance contracts
    • 3.14 Employee benefits
    • 3.15 Foreign currency transactions
    • 3.16 Provisions, contingent liabilities and contingent assets
    • 3.17 Equity, reserves and dividend payments
    • 3.18 Leases
    • 3.19 Cash and cash equivalents
    • 3.20 Impairment of non-financial assets
    • 3.21 Segment reporting
    • 3.22 Value Added Tax
    • 3.23 Insurance contracts
    • 3.24 General and administrative expenses
    • 3.25 Critical accounting estimates and judgements in applying accounting policies
    • Back to The Notes To The Financial Statements

    Cash and cash equivalents

    Cash and cash equivalents comprise cash balances, call deposits, current accounts and fixed deposits which have original maturities of less than 3 months and are free from lien.


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    Annual Report 2020

    • Insurance House Website
    • Chairman’s Statement
    • Board of Directors
    • Independent Autidors’ Report

    INVESTORS RELATIONS

    • Statement of Financial Position
    • Statement of Comprehensive Income
    • Statement of Changes in Equity
    • Statement of Cash Flows
    • Notes To Financial Statements

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    • Home Page
    • Independent auditor’s report
    • Statement of Financial Position
    • Statement of Income
    • Statement of Comprehensive Income
    • Statement of Changes in Equity
    • Statement of Cash Flows
    • Notes to the financial statements