Groupe Promutuel
The Mutual Members and Affiliated Institutions
Highlights
| For the year ended December 31, 2021 (in thousands of Canadian dollars) |
2021 | 2020 |
| Income | ||
| Gross written premiums | $993 | $950 |
| Net premiums earned | $935 | $903 |
| Indemnities to insureds | $(399) | $(448) |
| Earnings before income taxes | $200 | $186 |
| Net income | $149 | $138 |
| Assets | ||
| Investments, loans and cash | $1 423 | $1 212 |
| Accounts receivable and other assets | $437 | $454 |
| Property, equipment and tangible assets | $96 | $101 |
| Right-of-use assets | $31 | $33 |
| Share of retrocessions and reinsurers in provisions | $46 | $47 |
| $2 033 | $1 847 | |
| Liabilities | ||
| Claims being settled | $313 | $331 |
| Unearned premiums | $499 | $476 |
| $812 | $807 | |
| Accounts payable and other liabilities | $264 | $311 |
| Lease liabilities | $34 | $35 |
| $1 110 | $1 153 | |
| Equity | ||
| Capital, reserves, and retained earnings | $923 | $694 |
| $2 033 | $1 847 |