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89 billion dinars insurance reserves

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189 billion dinars insurance reserves Empty 89 billion dinars insurance reserves Mon Dec 02, 2013 4:55 pm

dealerdean


ADMINISTRATOR
ADMINISTRATOR

Baghdad - Mostafa Hashemi
revealed National Insurance Company under the Ministry of Finance for the total technical reserves have reached 89 billion and 282 million and 544 000 dinars during the last year.
added source in the company (morning) that the annual report of the Board of Directors of the National Insurance Company confirmed that it came against the reserves amounted to 70 billion and 825 and 595 000 dinars in 2011, an increase of 26 percent.
, and pointed out that the productivity of the individual in the company amounted to 95 million and 153 000 dinars last year compared to 102.847 million dinars in 2011, registering a decline of 7 percent, explaining that reason for the decline was set to about 200 employees between the new appointment and re-appointment and transfer to the company.
Among the added value of 61 billion and 381 million and 890 000 dinars in 2012 compared to 52 billion and 840 million and 141 000 dinars for 2011, an increase of 16 percent.
known as value-added as value The property that you add the cost of materials purchased and consumed in the production, in any converted into commodities. Are called these substances consumers and intermediates consist of payments in the form of wages and contributions to corporate underwriters and interest on the capital invested, and service fees, taxes, and profits of the facility.
noted that the National Insurance Company was founded in 1950 and has 13 branches, including 8 specializes in Baghdad and 5 branches distributed among the provinces Baghdad, Basra, Nineveh, Babylon

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