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Media Releases |
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21/05/2007, Assetinsure publicly releases year 2006 results
SYDNEY, May 21 2007. In its 3rd Concise Annual Report Assetinsure details the annual results for 2006 and gives the outlook on the 2007 year.
Irrespective of overall soft market conditions the company has:
- delivered (again) solid corporate profit of $8.8m (before tax) for Assetinsure Pty Ltd;
- maintained a strong capital position (MCR of 2.3);
- broadened the product range and distribution platforms.
For 2007 the company expects steady growth across its existing portfolios and a particular interest in its Financial Risk business.
The report can be accessed via the website www.assetinsure.com.au.
Assetinsure provides insurance solutions in Professional Indemnity, Property, Aviation, Employee Entitlements and Financial Risk and the agencies that Assetinsure supports operate successfully in the areas of Medical Malpractice (HCUA), Heavy Motor (SUA) and SME Business (CUA).
For more information
Gregor Pfitzer
Chief Operating Officer
Assetinsure Pty Limited
T: (02) 8274 2832
F: (02) 9251 8061
E: gregor.pfitzer@assetinsure.com.au
Hamish Lilly
Chief Financial Officer
Assetinsure Pty Limited
T: (02) 8274 2856
F: (02) 9251 8083
E: hamish.lilly@assetinsure.com.au
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