SIC Insurance Co (XGHA:SIC) Net Policyholder Benefits/Claims : GHS15.1 Mil (As of Dec. 2021)

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What is SIC Insurance Co Net Policyholder Benefits/Claims?

Policyholder benefits & claims is the fund paid out by insurances companies to cover the insurance losses, liabilities and expenses. SIC Insurance Co's policyholder benefits & claims for the three months ended in Dec. 2021 was GHS-13.1 Mil. Its policyholder benefits & claims for the trailing twelve months (TTM) ended in Dec. 2021 was GHS15.1 Mil.

SIC Insurance Co's quarterly policyholder benefits & claims increased from Jun. 2021 (GHS8.6 Mil) to Sep. 2021 (GHS18.2 Mil) but then declined from Sep. 2021 (GHS18.2 Mil) to Dec. 2021 (GHS-13.1 Mil).

SIC Insurance Co's annual policyholder benefits & claims declined from Dec. 2020 (GHS33.6 Mil) to Dec. 2021 (GHS15.1 Mil) but then increased from Dec. 2021 (GHS15.1 Mil) to Dec. 2022 (GHS55.0 Mil).

SIC Insurance Co Net Policyholder Benefits/Claims Historical Data

The historical data trend for SIC Insurance Co's Net Policyholder Benefits/Claims can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SIC Insurance Co Net Policyholder Benefits/Claims Chart

SIC Insurance Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Net Policyholder Benefits/Claims

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35.88

18.46

33.60

15.13

55.00

SIC Insurance Co Quarterly Data
	Dec15	Dec16	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Dec22
Net Policyholder Benefits/Claims	Get a 7-Day Free Trial															1.38	8.63	18.24	-13.11	-

SIC Insurance Co Net Policyholder Benefits/Claims Calculation

Fund paid out by insurances companies to cover the insurance losses, liabilities and expenses.

Net Policyholder Benefits/Claims for the trailing twelve months (TTM) ended in Dec. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was GHS15.1 Mil.

SIC Insurance Co (XGHA:SIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » SIC Insurance Co Ltd (XGHA:SIC) » Definitions » Net Policyholder Benefits/Claims

Comparable Companies

Traded in Other Exchanges

N/A

Address

28/29 Ring Road East, Nyemitei House, P. O. Box 2363, Osu, Accra, GHA

Website

https://www.sic-gh.com

SIC Insurance Co Ltd is a Ghana-based insurance company. It offers non-life insurance products including Motor insurance, Fire insurance, Marine and aviation insurance; and Accident insurance. Along with its subsidiaries, the company also issues a diversified portfolio of investment services to provide its customers with asset management solutions for their savings and retirement needs as well as undertaking brokerage services and corporate finance. The firm operates in Ghana. The company generates the majority of its revenue from Fire Insurance.