Submitted by c.kossa on Wed, 17/09/2025 - 10:45
Forecast by the insurance company of a decline in profitability at the end of the 2025 financial year, with pre-tax profits falling by 45.47% to USD 1.55 million in 2025, mainly due to an expected loss on exchange rates and a sharp increase in net expenses related to reinsurance contracts, according to the financial press