GENAC reports 29% increase in year end net profits
Crystal Gayle 2019-04-11T16:22:40-05:00Date: April 11, 2019 General Accident Insurance Company Limited (GENAC), audited results for the year ended December 31, 2018 reported Gross premium written of $8.74 billion, 23% higher than the $7.11 billion reported for 2017. Reinsurance ceded rose 21% to close at $6.75 billion relative to $5.56 billion booked in 2017. Excess of loss reinsurance