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English to Malay: The Company’s Financial Strength General field: Bus/Financial
Source text - English
In 2014, the Company’s net technical reserves reached US$ 422.5 million. This represents a 12.9% increase from US$ 374.3 million in 2013.
Cash and bank balances grew 22.3%.
Investments held in equities and fixed
Income securities rose by 40.0%.
The shareholders’ equity rose by 26.6% at US$ 386.2 million compared to US$ 305.1 million in 2013.
Key Company Ratios for the Year were:
Retention Ratio 1 64.4 64.5
Combined Ratio 2 96.4 93.2
Underwriting Profit 3 3.6 6.8
Return on Equity 4 3.5 7.0
Significance of Ratios:
1. Retention Ratio: This ratio indicates the net
premium retained as a proportion of the
Gross Written Premium.
2. Combined Ratio: The combined ratio aggregates the cost ratio (acquisition costs and operating costs) and the loss ratio (net incurred claims).
3. Underwriting Profit: This ratio compares underwriting profit to net earned premium.
4. Return on Equity: Computed as a proportion of net profit to average shareholders’ equity. (The increase in Share Capital had
an adverse effect on the Return on Equity of
0.2% at Group and Company Level).
Investments
The portfolio allocation remained conservative as approximately 66.8% of the portfolio remained in cash, compared to 68.1% the year before. The future investment strategy of the company will remain conservative as we increase the fixed income allocation and create a diversified portfolio.
Investment returns were much stronger than budgeted for in 2014 and significantly higher than the previous year. Global markets performed very well in the year and cash management was both dynamic and thorough.
Despite the overall drop in interest rates globally, the interest income remained high. Investment income for 2014 was US$ 14.1 million compared to US$ 7.4 million achieved in 2013.
Translation - Malay
Pada tahun 2014, rizab teknikal bersih Syarikat mencecah 422.5 juta USD. Nilai ini mewakili peningkatan sebanyak 12.9% daripada 374.3 juta USD pada tahun 2013.
Baki tunai dan bank tumbuh sehingga 22.3%.
Pelaburan dalam ekuiti dan
Sekuriti berpendapatan tetap bertambah sehingga 40.0%.
Ekuiti pemegang saham meningkat daripada 26.6% pada 386.2 juta USD berbanding 305.1 juta USD pada tahun 2013.
Nisbah Tahunan Utama Syarikat adalah:
Nisbah Simpanan 1 64.4 64.5
Nisbah Gabungan 2 96.4 93.2
Keuntungan Tanggungan 3 3.6 6.8
Pulangan Ekuiti 4 3.5 7.0
Kepentingan Nisbah:
1. Nisbah Simpanan: Nisbah ini menunjukkan
premium bersih kekal sebagai kadar
Premium Bertulis Kasar.
2. Nisbah Gabungan: Nisbah gabungan mengumpulkan nisbah kos (kos pendapatan dan kos operasi) dan nisbah rugi (tuntutan bersih yang ditanggung).
3. Nisbah Tanggungan: Nisbah ini membandingkan nisbah tanggungan dengan premium bersih yang diperolehi.
4. Pulangan Ekuiti: Dikira sebagai kadar keuntungan bersih kepada purata ekuiti pemegang saham. (Peningkatan Modal Saham telah
memberi kesan buruk terhadap Pulangan Ekuiti
sebanyak 0.2% pada Tahap Kumpulan dan Syarikat).
Pelaburan
Peruntukan portfolio kekal konservatif sebagaimana 66.8% daripada portfolio kekal dalam bentuk tunai, berbanding 68.1% pada tahun sebelumnya. Strategi pelaburan syarikat pada masa hadapan akan kekal konservatif kerana kami akan menaikkan peruntukan pendapatan tetap dan mencipta pelbagai portfolio.
Pulangan pelaburan lebih kuat berbanding yang dijangkakan pada tahun 2014, malah lebih tinggi daripada tahun sebelumnya. Pasaran seluruh dunia menunjukkan prestasi yang baik pada tahun ini, malah pengurusan tunai juga dinamik dan telus.
Walaupun kadar faedah pada peringkat global menurun secara keseluruhan, pendapatan faedah kekal tinggi. Pendapatan pelaburan bagi tahun 2014 adalah 14.1 juta USD berbanding 7.4 juta USD yang diperolehi pada tahun 2013.
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Translation education
Other - Universiti Pendidikan Sultan Idris
Experience
Years of experience: 9. Registered at ProZ.com: Nov 2017.