Fijicare Insurance Ltd 2020 AR2
The report highlights FijiCare Insurance Limited's financial and operational performance for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the Group's consolidated net revenue from insurance activities increased by FJD 1.2 million to FJD 33 million, driven by strong medical underwriting. However, due to an escalation in medical claims and local medical costs, consolidated profit after tax decreased to FJD 1.6 million from FJD 4.4 million in 2019. The company continued to support communities through corporate social responsibility initiatives, including disaster relief and community activities, while advancing its digital platforms.
Company: Fijicare Insurance Ltd
Country: Fiji
Year: 2020
Type: AR2
Pages: 100
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Fijicare Insurance Ltd
Annual Report
The report highlights FijiCare Insurance Limited's financial and operational performance for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the Group's consolidated net revenue from insurance activities increased by FJD 1.2 million to FJD 33 million, driven by strong medical underwriting. However, due to an escalation in medical claims and local medical costs, consolidated profit after tax decreased to FJD 1.6 million from FJD 4.4 million in 2019. The company continued to support communities through corporate social responsibility initiatives, including disaster relief and community activities, while advancing its digital platforms.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available