2013 was another good year with the Company achieving new heights again for both profit before tax and underwriting profit.
The Company achieved a record breaking profit before tax of S$16.6 million, an increase of 16.3% from the previous year. During the year, the underwriting profit grew by a further 11.4% to reach a record high of S$9.6 million. This marked the 8th consecutive year that the Company is enjoying underwriting profit as a result of its prudent underwriting discipline.