2012 was a good year with the Company achieving new heights for both profit before tax and underwriting profit.
The Company achieved a record breaking profit before tax of S$14.3 million, an increase of 12.7% from the previous year. During the year, the underwriting profit grew by a further 4.2% to reach a record high of S$8.6 million. This marked the 7th consecutive year that the Company is enjoying underwriting profit as a result of its prudent underwriting discipline.