Pakistan Reinsurance Company Limited
Statement of Claims
for the Half Year ended June 30, 2003 (Unaudited)
Net claims expenses
Outstanding Claims Reinsurance and other recoveries Reinsurance and other recoveries in respect of outstanding claims Reinsurance and other recoveries For Six Months ended June,03 For Six Months ended June,02 For Three Months ended June,03
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)
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Fire 42,834,541 513,867,501 431,149,301 (39,883,659) 93,223,317 354,465,908 189,428,865 (71,813,726) 31,930,067 136,016,770 44,618,087
Marine Cargo 34,769,917 187,229,218 272,750,485 120,291,184 14,744,867 51,537,601 56,286,007 19,493,273 100,797,911   23,871,848
Marine Hull 3,226,431 26,813,332 30,045,027 6,458,126 2,872,114 11,765,563 15,069,382 6,175,933 282,193 55,272,182 317,529
Accident 93,336,768 204,257,456 247,407,955 136,487,267 62,180,338 37,442,914 37,199,446 61,936,870 74,550,397   36,061,200
Aviation 13,820,318 279,286,366 468,107,138 202,641,090 11,759,044 267,995,236 442,435,779 186,199,587     16,441,503   13,220,677
Engineering 12,679,799 873,723,284 1,042,078,541 181,035,056 566,360 774,750,558 928,424,271 154,240,073 26,794,983 121,878,319 14,335,031
Grand Total 200,667,774 2,085,177,157 2,491,538,447 607,029,064 185,346,040 1,497,957,780 1,668,843,750 356,232,010 250,797,054 313,167,271 132,424,372
The annexed notes form an integral part of these financial statements.
Naheed Hyder
Maj (R) Mohammad Fazal Durrani
Syed Yawar Ali
Fazlur Rehman Dittu
Executive Director (F&A)
Chief Executive
Director
Director
Karachi, August 20,  2003