Pakistan Reinsurance Company Limited
Statement of Premiums
for the Half Year ended June 30, 2003 (Unaudited)
Prepaid Reinsurance Net premium revenue
Unearned premium reserve Premium ceded
Class Premium Written Opening Closing Premium earned Re-insurance Ceded Opening Closing Re-insurance expense For Six Months ended June,03 For Six Months ended June,02 For Three Months ended June,03
(A) (B) (C) (D=A+B-C) (E) (F) (G) (H=E+F-G) (I=D-H)
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Fire 372,884,303 522,206,917 297,247,093 597,844,127 132,966,136 248,283,267 105,994,801 275,254,602 322,589,525 337,716,014 129,232,653
Marine Cargo 113,456,608 179,141,262 109,917,746 182,680,124 46,811,185 71,503,975 45,351,082 72,964,078 109,716,046   32,952,677
Marine Hull 12,259,140 17,079,184 22,793,323 6,545,001 12,063,991 16,404,028 22,430,484 6,037,535 507,466 114,317,049 170,959
Accident 200,189,500 317,067,394 122,720,185 394,536,709 (44,719,072) 83,226,314 (27,413,690) 65,920,932 328,615,777   64,959,679
Aviation 594,773,800 96,096,091 172,354,078 518,515,813 564,528,268 93,264,540 163,589,501 494,203,307 24,312,506   9,628,163
Engineering 428,041,489 242,172,076 313,486,140 356,727,425 388,174,281 199,364,238 284,288,463 303,250,056 53,477,369 330,290,869 17,727,852
Grand Total 1,721,604,840 1,373,762,924 1,038,518,564 2,056,849,200 1,099,824,789 712,046,362 594,240,640 1,217,630,511 839,218,689 782,323,932 254,671,983
The annexed notes form an integral part of these financial statements.
Naheed Hyder
Maj (R) Mohammad Fazal Durrani
Syed Yawar Ali
Fazlur Rehman Dittu
Executive Director (F&A)
Chief Executive
Director
Director
Karachi,  August 20,  2003