Regulatory Alerts2025-01-02
Added · Updated
Appendix 1 - Supervisory Forms in Accordance with IFRS 4 for 2024
The Central Bank mandates the use of specific supervisory reporting templates for insurance companies to ensure compliance with IFRS 4 for the 2024 reporting period. The document prescribes standardized formats for consolidated and unconsolidated financial statements, including the statement of financial position, income statement, and comprehensive income. It further requires detailed underwriting revenue, claims cost, and profit accounts segmented by life insurance and general insurance business lines. These forms must be completed with current and previous year data to facilitate regulatory oversight of insurers' financial positions and operational performance.
Appendix No. (1)
Company: ..................................
As of 31/12/20xx
Form No. (1-A)
| Company xxx | ||
|---|---|---|
| Consolidated Statement of Financial Position as of | ||
| Assets | Current Year | Previous Year |
| Deposits with banks | ||
| Financial assets at fair value through profit or loss | ||
| Financial assets at fair value through other comprehensive income | ||
| Financial assets at amortized cost | ||
| Investments in associates | ||
| Investments in subsidiaries and associates (in unconsolidated statements only) | ||
| Investment property | ||
| Right-of-use assets | ||
| Loans to life policyholders and others | ||
| Total investments | ||
| Cash in hand and at banks | ||
| Receivables and cheques for collection | ||
| Debtors - net | ||
| Reinsurers' share - receivable | ||
| Deferred tax assets | ||
| Property and equipment - net | ||
| Intangible assets | ||
| Other assets | ||
| Total Assets | ||
| Liabilities and Equity | ||
| Liabilities | ||
| Unearned premium reserve - net | ||
| Unexpired risk reserve - net | ||
| Claims reserve - net | ||
| Actuarial reserve - net | ||
| Total insurance contract liabilities | ||
| Creditors banks | ||
| Creditors | ||
| Accrued expenses | ||
| Reinsurers' share - payable | ||
| Various provisions | ||
| Income tax provision | ||
| Loans | ||
| Deferred tax liabilities | ||
| Other liabilities | ||
| Subordinated loans | ||
| Total Liabilities | ||
| Equity | ||
| Authorized and paid-up capital | ||
| Less: Treasury shares | ||
| Share premium (discount) | ||
| Mandatory reserve | ||
| Voluntary reserve | ||
| Special reserve | ||
| Foreign currency translation differences | ||
| Fair value reserve | ||
| Profit (loss) for the year after tax | ||
| Retained earnings (accumulated losses) | ||
| Total Shareholders' Equity | ||
| Non-controlling interests | ||
| Total Equity | ||
| Total Liabilities and Equity |
Form No. (1-B)
| Company xxx | ||
|---|---|---|
| Statement of Financial Position for Life Insurance Business as of | ||
| Assets | Current Year | Previous Year |
| Deposits with banks | ||
| Financial assets at fair value through profit or loss | ||
| Financial assets at fair value through other comprehensive income | ||
| Financial assets at amortized cost | ||
| Investments in associates | ||
| Investments in subsidiaries and associates (in unconsolidated statements only) | ||
| Investment property | ||
| Loans to life policyholders and others | ||
| Total investments | ||
| Cash in hand and at banks | ||
| Receivables and cheques for collection | ||
| Debtors - net | ||
| Reinsurers' share - receivable | ||
| Deferred tax assets | ||
| Property and equipment - net | ||
| Intangible assets | ||
| Other assets | ||
| Total Assets | ||
| Liabilities and Equity | ||
| Liabilities | ||
| Unearned premium reserve - net | ||
| Unexpired risk reserve - net | ||
| Claims reserve - net | ||
| Actuarial reserve - net | ||
| Total insurance contract liabilities | ||
| Creditors banks | ||
| Creditors | ||
| Accrued expenses | ||
| Reinsurers' share - payable | ||
| Various provisions | ||
| Income tax provision | ||
| Loans | ||
| Deferred tax liabilities | ||
| Other liabilities | ||
| Subordinated loans | ||
| Total Liabilities | ||
| Shareholders' Equity | ||
| Authorized and paid-up capital | ||
| Less: Treasury shares | ||
| Share premium (discount) | ||
| Mandatory reserve | ||
| Voluntary reserve | ||
| Special reserve | ||
| Foreign currency translation differences | ||
| Fair value reserve | ||
| Profit (loss) for the year after tax | ||
| Retained earnings (accumulated losses) | ||
| Total Shareholders' Equity | ||
| Non-controlling interests | ||
| Total Equity | ||
| Total Liabilities and Equity |
Form No. (2)
| Income Statement for the Year Ended | ||
|---|---|---|
| Item | Current Year | Previous Year |
| Revenues | ||
| Gross premiums written | ||
| Less: Reinsurers' share | ||
| Net premiums written | ||
| Net change in unearned premium reserve | ||
| Net change in unexpired risk reserve | ||
| Net change in actuarial reserve | ||
| Net earned premiums | ||
| Commission income | ||
| Insurance contract issuance fees | ||
| Interest income | ||
| Net gains (losses) on financial assets and investments | ||
| Other income | ||
| Total Revenues | ||
| Claims, Losses, and Expenses | ||
| Claims paid | ||
| Policy claims and settlements | ||
| Less: Recoveries | ||
| Less: Reinsurers' share | ||
| Net claims paid | ||
| Net change in claims reserve | ||
| Allocated employee expenses | ||
| Allocated administrative and general expenses | ||
| Loss ratio adjustments | ||
| Policy acquisition costs | ||
| Other underwriting-specific expenses | ||
| Net claims burden | ||
| Unallocated employee expenses | ||
| Depreciation and amortization | ||
| Unallocated administrative and general expenses | ||
| Provision for bad debts | ||
| Amortization/provision/impairment loss on financial assets at amortized cost | ||
| Impairment loss on investment property | ||
| Impairment loss on property and equipment | ||
| Other expenses | ||
| Total Expenses | ||
| Dividends from subsidiaries and associates (subsidiaries shown in unconsolidated financial statements) | ||
| Profit (Loss) before Tax | ||
| Income tax | ||
| Net Profit (Loss) for the Year | ||
| Attributable to: | ||
| Shareholders of the Company | ||
| Non-controlling interests | ||
| Earnings (Loss) per Share |
Form No. (3)
| Statement of Comprehensive Income for the Period Ended | ||
|---|---|---|
| Current Year | Previous Year | |
| Profit / Loss for the Year | ||
| Add: Other Comprehensive Income items: | ||
| Foreign currency translation differences | ||
| Change in fair value | ||
| Gain (loss) on sale of financial assets at fair value through other comprehensive income | ||
| Total Other Comprehensive Income Items | ||
| Total Comprehensive Income for the Year | ||
| Attributable to: | ||
| Shareholders of the Company | ||
| Non-controlling interests |
Form No. (4)
| Statement of Changes in Equity for the Period Ended | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Paid-up Capital | Treasury Shares | Share Premium (Discount) | Mandatory Reserve | Voluntary Reserve | Special Reserve | Fair Value Reserve | Foreign Currency Translation Differences | Retained Earnings (Losses) | Total | Non-controlling Interests | |
| Opening Balance | |||||||||||
| Effect of applying new and amended standards | |||||||||||
| Adjusted Opening Balance | |||||||||||
| Profit (Loss) for the Year | |||||||||||
| Foreign currency translation differences | |||||||||||
| Change in fair value | |||||||||||
| Gain (loss) on sale of financial assets at fair value through other comprehensive income | |||||||||||
| Total Comprehensive Income | |||||||||||
| Increase in Capital | |||||||||||
| Transfers from Reserves | |||||||||||
| Dividends Distributed | |||||||||||
| Treasury Shares (at cost) | |||||||||||
| Closing Balance | |||||||||||
| Year ............ | |||||||||||
| Opening Balance | |||||||||||
| Effect of applying new and amended standards | |||||||||||
| Adjusted Opening Balance | |||||||||||
| Profit (Loss) for the Year | |||||||||||
| Foreign currency translation differences | |||||||||||
| Change in fair value | |||||||||||
| Gain (loss) on sale of financial assets at fair value through other comprehensive income | |||||||||||
| Total Comprehensive Income | |||||||||||
| Increase in Capital | |||||||||||
| Transfers from Reserves | |||||||||||
| Dividends Distributed | |||||||||||
| Treasury Shares (at cost) | |||||||||||
| Closing Balance |
- This item includes unrealized profits amounting to ..... JD, the disposal of which is prohibited in accordance with Central Bank instructions. ** Of the retained earnings, an amount of ..... JD as of ..... is restricted in disposal in accordance with Central Bank instructions.
Form No. (5)
| Underwriting Revenue Account for Life Insurance Business for the Year Ended | | | | | | | | | | | | | | | | | | | | | | | | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | | Life | | Marriage & Birth | | Life Pensions | | Investment-Linked | | General Health | | Social Pension Fund Management | | Additional Insurance | | Total | | | | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | | Premiums Written | | | | | | | | | | | | | | | | | | Incoming Voluntary Reinsurance | | | | | | | | | | | | | | | | | | Total Premiums | | | | | | | | | | | | | | | | | | Less | | | | | | | | | | | | | | | | | | External Reinsurance Premiums | | | | | | | | | | | | | | | | | | Net Premiums | | | | | | | | | | | | | | | | | | Add | | | | | | | | | | | | | | | | | | Unearned Premium Reserve | | | | | | | | | | | | | | | | | | Less: Reinsurers' share | | | | | | | | | | | | | | | | | | Net Unearned Premium Reserve | | | | | | | | | | | | | | | | | | Actuarial Reserve | | | | | | | | | | | | | | | | | | Less: Reinsurers' share | | | | | | | | | | | | | | | | | | Net Actuarial Reserve | | | | | | | | | | | | | | | | | | Net change in unexpired risk reserve | | | | | | | | | | | | | | | | | | Net Earned Premiums from Written Premiums | | | | | | | | | | | | | | | | |
Form No. (6)
| Claims Cost Account for Life Insurance Business for the Period Ended | | | | | | | | | | | | | | | | | | | | | | | | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | | Life | | Marriage & Birth | | Life Pensions | | Investment-Linked | | General Health | | Social Pension Fund Management | | Additional Insurance | | Total | | | | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | | Claims Paid | | | | | | | | | | | | | | | | | | Policy Claims and Settlements | | | | | | | | | | | | | | | | | | Less | | | | | | | | | | | | | | | | | | Recoveries | | | | | | | | | | | | | | | | | | Local Reinsurers' Share | | | | | | | | | | | | | | | | | | External Reinsurers' Share | | | | | | | | | | | | | | | | | | Net Claims Paid | | | | | | | | | | | | | | | | | | Add | | | | | | | | | | | | | | | | | | End-of-Period Claims Reserve | | | | | | | | | | | | | | | | | | Reported | | | | | | | | | | | | | | | | | | Unreported | | | | | | | | | | | | | | | | | | Less: Reinsurers' share | | | | | | | | | | | | | | | | | | Reported | | | | | | | | | | | | | | | | | | Unreported | | | | | | | | | | | | | | | | | | Net End-of-Period Claims Reserve | | | | | | | | | | | | | | | | | | Less | | | | | | | | | | | | | | | | | | Beginning-of-Period Claims Reserve | | | | | | | | | | | | | | | | | | Reported | | | | | | | | | | | | | | | | | | Unreported | | | | | | | | | | | | | | | | | | Less: Reinsurers' share | | | | | | | | | | | | | | | | | | Reported | | | | | | | | | | | | | | | | | | Unreported | | | | | | | | | | | | | | | | | | Net Beginning-of-Period Claims Reserve | | | | | | | | | | | | | | | | | | Net Claims Cost | | | | | | | | | | | | | | | | |
Note: Only the portion retained by the company in its books is reported for co-insurance.
Form No. (7)
| Underwriting Profit (Loss) Account for Life Insurance Business for the Year Ended | | | | | | | | | | | | | | | | | | | | | | | | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | | Life | | Marriage & Birth | | Life Pensions | | Investment-Linked | | General Health | | Social Pension Fund Management | | Additional Insurance | | Total | | | | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | | Net Earned Premiums from Written Premiums | | | | | | | | | | | | | | | | | | Less | | | | | | | | | | | | | | | | | | Net Claims Cost | | | | | | | | | | | | | | | | | | Add | | | | | | | | | | | | | | | | | | Authorized Commissions | | | | | | | | | | | | | | | | | | Insurance Contract Issuance Fees | | | | | | | | | | | | | | | | | | Investment Income Attributable to Underwriting Accounts | | | | | | | | | | | | | | | | | | Other Income | | | | | | | | | | | | | | | | | | Total Revenues | | | | | | | | | | | | | | | | | | Less | | | | | | | | | | | | | | | | | | Policy Acquisition Costs | | | | | | | | | | | | | | | | | | Loss Ratio Adjustments | | | | | | | | | | | | | | | | | | Administrative Expenses Specific to Underwriting Accounts | | | | | | | | | | | | | | | | | | Other Expenses | | | | | | | | | | | | | | | | | | Total Expenses | | | | | | | | | | | | | | | | | | Underwriting Profit (Loss) | | | | | | | | | | | | | | | | |
Form No. (8)
| Underwriting Revenue Account for General Insurance Business for the Year Ended | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | | Vehicles | | Fire & Other Damages | | Aviation | | Accidents & Other Liabilities | | Liability | | Credit & Surety | | Medical | | Other Branches | | Total | | | | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | | Premiums Written | | | | | | | | | | | | | | | | | | Direct Business | | | | | | | | | | | | | | | | | | Incoming Voluntary Reinsurance | | | | | | | | | | | | | | | | | | Total Premiums | | | | | | | | | | | | | | | | | | Less | | | | | | | | | | | | | | | | | | Local Reinsurance Premiums | | | | | | | | | | | | | | | | | | External Reinsurance Premiums | | | | | | | | | | | | | | | | | | Net Premiums | | | | | | | | | | | | | | | | | | Add | | | | | | | | | | | | | | | | | | Opening Balance | | | | | | | | | | | | | | | | | | Unearned Premium Reserve | | | | | | | | | | | | | | | | | | Less: Reinsurers' share | | | | | | | | | | | | | | | | | | Net Unearned Premium Reserve | | | | | | | | | | | | | | | | | | Less | | | | | | | | | | | | | | | | | | Closing Balance | | | | | | | | | | | | | | | | | | Unearned Premium Reserve | | | | | | | | | | | | | | | | | | Less: Reinsurers' share | | | | | | | | | | | | | | | | | | Net Unearned Premium Reserve | | | | | | | | | | | | | | | | | | Net Unexpired Risk Reserve | | | | | | | | | | | | | | | | | | Change in Unexpired Risk Reserve | | | | | | | | | | | | | | | | | | Net Earned Premiums from Written Premiums | | | | | | | | | | | | | | | | |
Note: Only the portion retained by the company in its books is reported for co-insurance.
Form No. (9)
| Claims Cost Account for General Insurance Business for the Period Ended | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | | Vehicles | | Fire & Other Damages | | Aviation | | Accidents & Other Liabilities | | Liability | | Credit & Surety | | Medical | | Other Branches | | Total | | | | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | | Claims Paid | | | | | | | | | | | | | | | | | | Less | | | | | | | | | | | | | | | | | | Recoveries | | | | | | | | | | | | | | | | | | Local Reinsurers' Share | | | | | | | | | | | | | | | | | | External Reinsurers' Share | | | | | | | | | | | | | | | | | | Net Claims Paid | | | | | | | | | | | | | | | | | | Add | | | | | | | | | | | | | | | | | | End-of-Period Claims Reserve | | | | | | | | | | | | | | | | | | Reported | | | | | | | | | | | | | | | | | | Unreported | | | | | | | | | | | | | | | | | | Less | | | | | | | | | | | | | | | | | | Reinsurers' Share | | | | | | | | | | | | | | | | | | Reported | | | | | | | | | | | | | | | | | | Unreported | | | | | | | | | | | | | | | | | | Net End-of-Period Claims Reserve | | | | | | | | | | | | | | | | | | Less | | | | | | | | | | | | | | | | | | Beginning-of-Period Claims Reserve | | | | | | | | | | | | | | | | | | Reported | | | | | | | | | | | | | | | | | | Unreported | | | | | | | | | | | | | | | | | | Less | | | | | | | | | | | | | | | | | | Reinsurers' Share | | | | | | | | | | | | | | | | | | Reported | | | | | | | | | | | | | | | | | | Unreported | | | | | | | | | | | | | | | | | | Net Beginning-of-Period Claims Reserve | | | | | | | | | | | | | | | | | | Net Claims Cost | | | | | | | | | | | | | | | | |
Note: Only the portion retained by the company in its books is reported for co-insurance.
Form No. (10)
| Underwriting Profit (Loss) Account for General Insurance Business for the Period Ended | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | | Vehicles | | Fire & Other Damages | | Aviation | | Accidents & Other Liabilities | | Liability | | Credit & Surety | | Medical | | Other Branches | | Total | | | | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | | Net Earned Premiums from Written Premiums | | | | | | | | | | | | | | | | | | Less | | | | | | | | | | | | | | | | | | Net Claims Cost | | | | | | | | | | | | | | | | | | Add | | | | | | | | | | | | | | | | | | Authorized Commissions | | | | | | | | | | | | | | | | | | Insurance Contract Issuance Fees | | | | | | | | | | | | | | | | | | Investment Income Attributable to Underwriting Accounts | | | | | | | | | | | | | | | | | | Other Income | | | | | | | | | | | | | | | | | | Total Revenues | | | | | | | | | | | | | | | | | | Less | | | | | | | | | | | | | | | | | | Policy Acquisition Costs | | | | | | | | | | | | | | | | | | Loss Ratio Adjustments | | | | | | | | | | | | | | | | | | Administrative Expenses Specific to Underwriting Accounts | | | | | | | | | | | | | | | | | | Other Expenses | | | | | | | | | | | | | | | | | | Total Expenses | | | | | | | | | | | | | | | | | | Underwriting Profit (Loss) | | | | | | | | | | | | | | | | |
Form No. (8)
| Underwriting Revenue Account for Life Insurance Business for the Year Ended | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | | Vehicles | | Fire & Other Damages | | Aviation | | Accidents & Other Liabilities | | Liability | | Credit & Surety | | Medical | | Other Branches | | Total | | | | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | | Premiums Written | | | | | | | | | | | | | | | | | | Direct Business | | | | | | | | | | | | | | | | | | Incoming Voluntary Reinsurance | | | | | | | | | | | | | | | | | | Total Premiums | | | | | | | | | | | | | | | | | | Less | | | | | | | | | | | | | | | | | | Local Reinsurance Premiums | | | | | | | | | | | | | | | | | | External Reinsurance Premiums | | | | | | | | | | | | | | | | | | Net Premiums | | | | | | | | | | | | | | | | | | Add | | | | | | | | | | | | | | | | | | Opening Balance | | | | | | | | | | | | | | | | | | Unearned Premium Reserve | | | | | | | | | | | | | | | | | | Less: Reinsurers' share | | | | | | | | | | | | | | | | | | Net Unearned Premium Reserve | | | | | | | | | | | | | | | | | | Less | | | | | | | | | | | | | | | | | | Closing Balance | | | | | | | | | | | | | | | | | | Unearned Premium Reserve | | | | | | | | | | | | | | | | | | Less: Reinsurers' share | | | | | | | | | | | | | | | | | | Net Unearned Premium Reserve | | | | | | | | | | | | | | | | | | Net Unexpired Risk Reserve | | | | | | | | | | | | | | | | | | Change in Unexpired Risk Reserve | | | | | | | | | | | | | | | | | | Net Earned Premiums from Written Premiums | | | | | | | | | | | | | | | | |
Note: Only the portion retained by the company in its books is reported for co-insurance.
Form No. (11)
| Underwriting Revenue Details for Vehicle Insurance Business for the Year Ended | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | | Local | | | | | | | | Border Centers | | | | | | | | | Total | | | | Third Party | | Comprehensive | | Supplementary | | Total | | Third Party | | Comprehensive | | Supplementary | | Total | | Current Year | Previous Year | | | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | Current Year | Previous Year | | | | Premiums Written | | | | | | | | | | | | | | | | | | | | Direct Business | | | | | | | | | | | | | | | | | | | | Incoming Voluntary Reinsurance | | | | | | | | | | | | | | | | | | | | Total Premiums | | | | | | | | | | | | | | | | | | | | Less | | | | | | | | | | | | | | | | | | | | Local Reinsurance Premiums | | | | | | | | | | | | | | | | | | | | External Reinsurance Premiums | | | | | | | | | | | | | | | | | | | | Net Premiums | | | | | | | | | | | | | | | | | | | | Add | | | | | | | | | | | | | | | | | | | | Opening Balance | | | | | | | | | | | | | | | | | | | | Unearned Premium Reserve | | | | | | | | | | | | | | | | | | | | Less: Reinsurers' share | | | | | | | | | | | | | | | | | | |