Zep Re posts rising profits in 2015

Despite the economic difficulties noted, reinsurer Zep Re has managed to make net profits amounting to 19.9 million USD for the year 2015. The gross premium volume is on a 10.6% rise at 138.7 million USD.

The company’s total assets have been valued at 21.4% at 310 million USD whereas shareholder’s equity increased by 18.1% at 169 million USD. The net loss ratio was of 54% in the course of the year mentioned.

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