Magazine date:
May 2013 In 2012, Trust Re posted 228.7 million USD of net earned premiums, that is an increase of nearly 10% compared to 2011. At 232.8 million USD, the shareholder’s equity rose by 11.9%.
The net technical result amounted to 15.4 million USD during the same year. This figure has gone up by 74.5% in comparison with 2011. The reinsurer's net profit grew by 6% at 17.8 million USD, an increase of 6% over one year. The absence of major natural catastrophes in the regions targeted by Trust Re is behind these results.