The Company

Licenced to write classes 1-18 of the Insurance Business Act (Chapter 403, Laws of Malta)

Summary IFRS financials as at 31 December 2020:

Total Assets£614.0m
Cash and Investments£161.4m
Gross Reserves£342.8m
Net Reserves£62.1m
Net Assets£80.2m
Net Tangible Assets£77.3m

Solvency II position as at 31 December 2020:

Available Own Funds£77.5m
Solvency Capital Requirement£41.4m
Available Solvency Ratio187%

Solvency and Financial Condition Reports

MFSA Insurance Undertakings

Register
Licence:
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MFSA Website:
https://www.mfsa.mt/financial-services-register/result/?id=5073

Passporting outside Malta under Freedom of Establishment
Licence:
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MFSA Website:
https://www.mfsa.mt/financial-services-register/result/?id=15000

Passporting outside Malta under Freedom of Services
Licence:
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MFSA Website:
https://www.mfsa.mt/financial-services-register/result/?id=12779

Registrations

Company No:C59505
LEI Number:635400CIPL7LGNBQ4U90
VAT number:MT27705433
FCA Number:608422
MIB membership number:519
MID (Insurer ID) number:657
CBI Number:C124640
MIBI Company Code:169

Report and Accounts

More Facts

  • As at 31 December 2020, the Company has assumed 27 legacy portfolios to date and has a total of 27 live program arrangements.