KEY Posts First Quarter Net Loss of $1.10 Million
First three months ended March 31, 2017 results Key Insurance Company Limited (KEY), reported a 61% increase in net premiums written from $123.35 million to $199.17 million. This was as a result of a 49% increase in gross premiums written from $198.58 million to $295.93 billion. Reinsurance cede for the first quarter increased 29% to close at $96.76 million (2016: $75.23 million). KEY booked change in unearned premium reserve of $$30.98 million relative to $5.43 million last year. The company noted, “we continue to experience growth in both its non-motor and motor portfolios but a significant increase in the size
Daily Market Summary May 16,2017
Disclaimer: Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst in this research report. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this
Daily Market Summary May 15,17
Disclaimer: Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst in this research report. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this