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)
	-----------------------------------------------------------------------------------------------------R u p e e s----------------------------------------------------------------------------------------------------------------
Fire	372,884,303	522,206,917	0	895,091,220	132,966,136	248,283,267	0	381,249,403	513,841,817	337,716,014	320,484,945
Marine Cargo	113,456,608	179,141,262	0	292,597,870	46,811,185	71,503,975	0	118,315,160	174,282,710		97,519,341
Marine Hull	12,259,140	17,079,184	0	29,338,324	12,063,991	16,404,028	0	28,468,019	870,305	114,317,049	533,798
Accident	200,189,500	317,067,394	0	517,256,894	(44,719,072)	83,226,314	0	38,507,242	478,749,652		215,093,554
Aviation	594,773,800	96,096,091	0	690,869,891	564,528,268	93,264,540	0	657,792,808	33,077,083		18,392,740
Engineering	428,041,489	242,172,076	0	670,213,565	388,174,281	199,364,238	0	587,538,519	82,675,046	330,290,869	46,925,529
Grand Total	1,721,604,840	1,373,762,924	0	3,095,367,764	1,099,824,789	712,046,362	0	1,811,871,151	1,283,496,613	782,323,932	698,949,907
The annexed notes form an integral part of these financial statements.
	Naheed Hyder			Maj (R) Mohammad Fazal Durrani			__________		__________
	Executive Director (F&A)			Chief Executive			Director		Director
Karachi,  August 20,  2003