
PAKISTAN REINSURANCE COMPANY LIMITED
STATEMENT OF CLAIMS
FOR THE QUARTER ENDED MARCH 31, 2004 (UNAUDITED)


										Net claims expenses
			Outstanding Claims			Reinsurance and other recoveries	Reinsurance and other recoveries in respect of outstanding claims		Reinsurance and other recoveries	March 31, 2004	March 31, 2003
	Class	Claims Paid	Opening	Closing	Claims Expense	received	Opening	Closing	revenue
		(A)	(B)	(C)	(D=A+C-B)	(E)	(F)	(G)	(H=E+G-F)	(I=D-H)
		------------------------------------------------------------------------------------------------R u p e e s--------------------------------------------------------------------------------------------------------

	Fire	15,101,554	470,375,001	387,478,391	(67,795,056)	31,449,382	220,906,218	234,501,481	45,044,645	(112,839,701)	(12,688,020)
	Marine Cargo	20,009,947	302,725,917	270,441,136	(12,274,834)	34,167,315	220,406,194	199,016,590	12,777,711	(25,052,545)	76,926,063
	Marine Hull	-	41,153,425	45,981,090	4,827,665	23,329	25,934,696	30,063,875	4,152,508	675,157	(35,336)

	Accident	33,434,915	341,264,244	330,492,640	22,663,311	3,669,000	11,341,159	11,341,159	3,669,000	18,994,311	38,489,197
	Aviation	717,019	430,352,052	577,230,653	147,595,620	652,894	410,954,578	524,581,076	114,279,392	33,316,228	3,220,826
	Engineering	7,418,488	998,273,775	1,023,283,080	32,427,793	646,508	891,577,550	911,970,440	21,039,398	11,388,395	12,459,952

	Grand Total	76,681,923	2,584,144,414	2,634,906,990	127,444,499	70,608,428	1,781,120,395	1,911,474,621	200,962,654	(73,518,155)	118,372,682


	The annexed notes form an integral part of these financial statements.



Naheed Hyder			Maj (R) Muhammad Fazal Durrani				Syed Yawar Ali		Fazlur Rehman Dittu
Executive Director (F&A)			Chief Executive				Director		Director