Amana Takaful Group posts Rs 171.9 mn PBT in 2017

The Amana Takaful Group consistently delivered its profit momentum through the four quarters, with each of the three group companies, Amana Takaful PLC, Amana Takaful Life PLC & Amana Takaful Maldives PLC contributing positively to this profit out-turn. This sustained performance resulted in a full year profit before tax of Rs.171.9 million.

This compares with a loss of Rs 140.2 million in the previous year. The Group’s Gross Written Premium (GWP) of Rs 3.64 billion, is ahead by 7 % over 2016. “The bold strategies and group restructuring in addition to optimizing synergies contributed immensely to this exemplary performance, a note that our stakeholders would embrace favorably” opined Chairman Tyeab Akbarally”