PAKISTAN REINSURANCE COMPANY LIMITED
STATEMENT OF CLAIMS
FOR THE 1ST QUARTER ENDED MARCH  31, 2005  (UNAUDITED)
			Outstanding Claims			recoveries in respect of outstanding claims			Reinsurance and other recoveries	March   31,  2005          Net claim expenses	March   31,  2004          Net claim expenses
	Class	Claims Paid	Opening	Closing	Claims Expense	received	Opening	Closing	revenue
		(A)	(B)	(C)	(D=A+C-B)	(E)	(F)	(G)	(H=E+G-F)	(I=D-H)
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Direct and
Facultative	Fire	7,700,926	73,163,899	73,163,899	7,700,926	7,661,302	76,629,401	76,629,401	7,661,302	39,624	(18,853,885)
	Marine Cargo	-	12,083	12,083	-	-	-	-	-	-	(11,774,117)
	Marine Hull	-	53,716,475	53,716,475	-	-	47,728,412	47,728,412	-	-	1,206,874
	Accident	-	-	-	-	-	-	-	-	-	-
	Aviation	180,295,696	947,262,294	890,830,000	123,863,402	175,968,161	912,811,985	858,404,000	121,560,176	2,303,226	144,301,438
	Engineering	8,576,136	475,058,570	475,058,570	8,576,136	7,205,317	422,987,974	422,987,974	7,205,317	1,370,819	9,266,041
	Total	196,572,758	1,549,213,321	1,492,781,027	140,140,464	190,834,780	1,460,157,772	1,405,749,787	136,426,795	3,713,669	124,146,351
TREATY	Proportional	54,424,306	1,319,196,679	1,204,613,218	(60,159,155)	3,861,472	536,412,228	474,498,930	(58,051,826)	(2,107,329)	(197,664,506)
	Grand Total	250,997,064	2,868,410,000	2,697,394,245	79,981,309	194,696,252	1,996,570,000	1,880,248,717	78,374,969	1,606,340	(73,518,155)
	The annexed notes form an integral part of these financial statements.
		Naheed Hyder		Maj (R) Muhammad Fazal Durrani			Fazlur Rehman Dittu			S.M. Rafique Akhtar
		Executive Director (F&A)		Chief Executive				Director		Director