Groupe Promutuel
The Mutual Members and Affiliated Institutions
Highlights
| For the year ended December 31, 2022 (in thousands of Canadian dollars) |
2022 | 2021 |
| Income | ||
| Gross written premiums | $1 063 | $993 |
| Net premiums earned | $982 | $935 |
| Indemnities to insureds | $(540) | $(399) |
| Earnings before income taxes | $74 | $200 |
| Net income | $59 | $149 |
| Assets | ||
| Investments, loans and cash | $1 350 | $1 423 |
| Accounts receivable and other assets | $534 | $437 |
| Property, equipment and tangible assets | $76 | $96 |
| Right-of-use assets | $28 | $31 |
| Share of retrocessions and reinsurers in provisions | $56 | $46 |
| $2 044 | $1 033 | |
| Liabilities | ||
| Claims being settled | $361 | $313 |
| Unearned premiums | $538 | $499 |
| $899 | $812 | |
| Accounts payable and other liabilities | $164 | $264 |
| Lease liabilities | $31 | $34 |
| $1 094 | $1 110 | |
| Equity | ||
| Capital, reserves, and retained earnings | $950 | $923 |
| $2 044 | $1 033 |