"Bodi Insurance" JSC, listed in the first classification of the Mongolian Stock Exchange, presented its outstanding financial and operational results for the first half of 2022.
Highlights and Events:
• During the reporting period, the net assets of the company amounted to MNT 28.2 billion, of which MNT 12.8 billion were invested.
• At the end of 2021, the net fee income of the company was MNT 19.2 billion, while it was MNT 11.2 billion in the first half of this year, and the performance reached 58 percent.
• Looking at the structure of net fee income, MNT 5.98 billion were collected from driver's liability insurance, MNT 4.7 billion from motor vehicle insurance, and MNT 3.8 billion from accident and medical insurance.
• The solvency ratio of the company is 112 percent, the loss ratio is 55 percent, the share of the reserve fund is 11.27 percent, while the profitability is 3 percent.
• "Bodi Insurance" JSC distributed MNT 1.1 billion from the net profit of 2021 to its shareholders at MNT 5 per share.
• The total number of customers has reached 110,000, of which 4,600 are enterprises and organizations.
MONGOLIAN STOCK EXCHANGE