Universal insurance and IT tools

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Universal insurance and IT tools

  1. 1.  We, at THE UNIVERSAL INSURANCE COMPANY (UIC) LIMITED recognize the importance of satisfying our customers by consistency provides quality insurance services in accordance with their needs and expectation.
  2. 2. CORPORATE Property Motor INDIVIDUAL Engineering Fire Motor Marine General Misc Marine
  3. 3.  Data Collection Data Analysis Result of Analysis
  4. 4. 30th September 30th September 2011 2010Gross premium 364.593 406.169Net premium 232.613 248.990(Loss) / Profit from underwriting business 2.188 (6.163)Net claims (paid & outstanding) (106.795) (131.817)Management / administrative expenses (181.212) (150.364)Capital and reserves 181.449 215.130Loss before taxation (7 4 .446) ( 55 . 2 69)Loss after taxation (5 2 .944) ( 5 4 . 9 88)Other comprehensive Income 1. 3 97 -Add: Balance of unappropriated (Loss)/ profit - b/f (4 3 .631) 44. 4 7 9Loss available for appropriation ( 9 5 .178) ( 1 0 . 5 09)
  5. 5. 2010 2009 2008 2007 2006Gross premium 503 539 611 550 568Net premium 329 361 407 372 391Net claim 177 182 197 187 203Investment 160 115 145 89 46Paid up capital 262.50 210 210 120 100Equity 233 265 257 236 174Profit/loss before (103) 11 34 63 35taxProfit/loss after (86) 8 21 50 24taxUnderwriting (17) 58 96 75 80profit/lossEPS (4.58) 0.48 1.00 4.15 2.00
  6. 6. PROFIT BEFORE TAX/PROFIT AFTER TAX 80 60 40RUPEES IN MILLION 20 0 PROFIT BEFORE TAX -20 2006 2007 2008 2009 2010 PROFIT AFTER TAX -40 -60 -80 -100 -120
  7. 7. NET CLAIM 205 200 195RUPEES IN MILLION 190 185 NET CLAIM 180 175 170 165 160 2006 2007 2008 2009 2010
  8. 8.  Made the business more competitive Empowered the people with knowlede Accelerated performance & reduced COP Opened new ways Improved quality of health & education
  9. 9.  increase their business level Sale their products worldwide Use online business transactions Develop websites Accept online payments Effective communication medium
  10. 10.  MS WORD MS EXCELL MS POWERPOINT INTERNET MULTI MEDIA
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