European Reliance General Insurance Co SA
OTC:ERPRF
Income Statement
Income Statement
European Reliance General Insurance Co SA
Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Gross Premiums Earned |
98
|
97
|
97
|
100
|
100
|
108
|
113
|
117
|
122
|
122
|
122
|
124
|
129
|
137
|
146
|
153
|
157
|
158
|
159
|
160
|
160
|
161
|
161
|
159
|
160
|
162
|
164
|
168
|
169
|
170
|
87
|
182
|
186
|
185
|
195
|
206
|
210
|
218
|
223
|
226
|
|
Revenue |
104
N/A
|
101
-3%
|
100
-1%
|
102
+2%
|
102
0%
|
112
+10%
|
116
+4%
|
120
+3%
|
123
+3%
|
123
+0%
|
125
+2%
|
126
+0%
|
130
+3%
|
130
+0%
|
139
+7%
|
147
+6%
|
153
+4%
|
159
+4%
|
160
+0%
|
161
+1%
|
161
+0%
|
162
+0%
|
162
0%
|
161
-1%
|
160
0%
|
165
+3%
|
167
+2%
|
170
+2%
|
173
+2%
|
173
0%
|
89
-48%
|
186
+108%
|
194
+4%
|
190
-2%
|
202
+6%
|
218
+8%
|
215
-2%
|
223
+4%
|
233
+4%
|
242
+4%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(102)
|
(100)
|
(99)
|
(101)
|
(99)
|
(107)
|
(110)
|
(114)
|
(118)
|
(119)
|
(121)
|
(121)
|
(125)
|
(126)
|
(136)
|
(141)
|
(144)
|
(147)
|
(148)
|
(149)
|
(151)
|
(148)
|
(148)
|
(146)
|
(145)
|
(149)
|
(150)
|
(156)
|
(158)
|
(156)
|
(82)
|
(163)
|
(169)
|
(175)
|
(179)
|
(196)
|
(195)
|
(198)
|
(215)
|
(216)
|
|
Selling, General & Administrative |
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(21)
|
(23)
|
(24)
|
(26)
|
(26)
|
(26)
|
(27)
|
(27)
|
(28)
|
(29)
|
(29)
|
(30)
|
(31)
|
(31)
|
(32)
|
(32)
|
(32)
|
(32)
|
(32)
|
(31)
|
(31)
|
(31)
|
(30)
|
(30)
|
(31)
|
(17)
|
(37)
|
(37)
|
(37)
|
(39)
|
(40)
|
(41)
|
(50)
|
(38)
|
(26)
|
|
Benefits Claims Loss Adjustment |
(66)
|
(70)
|
(67)
|
(67)
|
(68)
|
(70)
|
(72)
|
(77)
|
(80)
|
(81)
|
(82)
|
(83)
|
(85)
|
(88)
|
(94)
|
(97)
|
(101)
|
(101)
|
(100)
|
(100)
|
(99)
|
(102)
|
(101)
|
(101)
|
(100)
|
(100)
|
(100)
|
(103)
|
(102)
|
(103)
|
(57)
|
(120)
|
(125)
|
(128)
|
(131)
|
(138)
|
(143)
|
(154)
|
(172)
|
(175)
|
|
Other Operating Expenses |
(16)
|
(10)
|
(11)
|
(13)
|
(12)
|
(16)
|
(14)
|
(13)
|
(12)
|
(12)
|
(13)
|
(11)
|
(12)
|
(9)
|
(13)
|
(15)
|
(14)
|
(16)
|
(17)
|
(18)
|
(20)
|
(15)
|
(15)
|
(14)
|
(14)
|
(19)
|
(20)
|
(23)
|
(26)
|
(22)
|
(8)
|
(6)
|
(7)
|
(10)
|
(9)
|
(17)
|
(10)
|
6
|
(5)
|
(15)
|
|
Operating Income |
2
N/A
|
1
-58%
|
1
+6%
|
1
+70%
|
3
+94%
|
4
+73%
|
6
+47%
|
6
-4%
|
5
-10%
|
5
-13%
|
5
-6%
|
5
+8%
|
5
+6%
|
4
-18%
|
2
-41%
|
6
+125%
|
9
+57%
|
12
+37%
|
12
+1%
|
12
0%
|
11
-14%
|
14
+30%
|
14
+2%
|
14
+3%
|
15
+5%
|
15
+0%
|
17
+10%
|
15
-13%
|
16
+7%
|
16
+5%
|
7
-59%
|
23
+243%
|
24
+7%
|
15
-37%
|
23
+51%
|
23
-4%
|
20
-10%
|
25
+24%
|
18
-29%
|
26
+47%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Pre-Tax Income |
2
N/A
|
1
-64%
|
1
+23%
|
1
+70%
|
3
+94%
|
4
+68%
|
6
+52%
|
6
-4%
|
5
-10%
|
5
-15%
|
5
-3%
|
5
+8%
|
5
+6%
|
4
-21%
|
2
-44%
|
5
+135%
|
9
+59%
|
12
+39%
|
12
+1%
|
12
-1%
|
10
-14%
|
14
+31%
|
14
+3%
|
14
+3%
|
15
+5%
|
15
+0%
|
17
+10%
|
14
-13%
|
15
+7%
|
16
+6%
|
7
-59%
|
23
+243%
|
24
+7%
|
15
-37%
|
23
+51%
|
22
-4%
|
20
-10%
|
25
+24%
|
18
-29%
|
26
+47%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
(1)
|
(2)
|
(2)
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(2)
|
(7)
|
(7)
|
(5)
|
(6)
|
(5)
|
(5)
|
(6)
|
(4)
|
(6)
|
|
Income from Continuing Operations |
2
|
(0)
|
(1)
|
(0)
|
(0)
|
3
|
6
|
5
|
4
|
3
|
3
|
3
|
3
|
2
|
1
|
4
|
6
|
9
|
9
|
9
|
7
|
10
|
10
|
10
|
11
|
10
|
11
|
10
|
10
|
11
|
5
|
16
|
17
|
11
|
17
|
18
|
15
|
19
|
14
|
21
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Net Income (Common) |
2
N/A
|
(0)
N/A
|
(1)
-1 560%
|
(0)
+58%
|
(0)
+74%
|
3
N/A
|
6
+79%
|
5
-9%
|
4
-16%
|
3
-40%
|
3
-1%
|
3
+1%
|
3
+9%
|
2
-19%
|
1
-61%
|
4
+330%
|
6
+67%
|
9
+43%
|
9
+0%
|
9
-2%
|
7
-17%
|
10
+30%
|
10
+4%
|
10
+3%
|
11
+6%
|
10
-5%
|
11
+10%
|
10
-15%
|
10
+8%
|
11
+8%
|
5
-59%
|
16
+248%
|
17
+7%
|
11
-37%
|
17
+63%
|
18
+0%
|
15
-12%
|
19
+22%
|
13
-28%
|
21
+52%
|
|
EPS (Diluted) |
0.07
N/A
|
0
N/A
|
-0.03
N/A
|
-0.01
+67%
|
0
N/A
|
0.11
N/A
|
0.2
+82%
|
0.18
-10%
|
0.15
-17%
|
0.09
-40%
|
0.09
N/A
|
0.09
N/A
|
0.1
+11%
|
0.08
-20%
|
0.03
-63%
|
0.14
+367%
|
0.23
+64%
|
0.32
+39%
|
0.33
+3%
|
0.32
-3%
|
0.27
-16%
|
0.35
+30%
|
0.36
+3%
|
0.37
+3%
|
0.39
+5%
|
0.37
-5%
|
0.41
+11%
|
0.35
-15%
|
0.38
+9%
|
0.41
+8%
|
0.17
-59%
|
0.58
+241%
|
0.62
+7%
|
0.39
-37%
|
0.64
+64%
|
0.64
N/A
|
0.57
-11%
|
0.7
+23%
|
0.51
-27%
|
0.77
+51%
|