| Assets |
2021 |
2020 (restated) |
| (in thousands of U.S. dollars) | | |
| Property and equipment |
19,024 |
19,286 |
| Right-of-use assets |
1,634 |
2,245 |
| Retirement benefit asset |
14,106 |
12,381 |
| Investment properties |
24,147 |
22,444 |
| Investment securities |
138,100 |
124,940 |
| Intangible assets |
1,556 |
3,313 |
| Long-term loans receivable |
1,098 |
879 |
| Deferred tax asset |
12,988 |
13,431 |
| Receivables |
|
|
| Due from reinsurers |
85,485 |
59,996 |
| Insurance receivables |
38,786 |
37,587 |
| Deferred acquisition costs |
12,697 |
12,252 |
| Policy loans |
3,590 |
2,105 |
| Prepayments and other current assets |
10,499 |
4,493 |
|
151,057 |
116,433 |
| | |
| Cash and cash equivalents |
81,362 |
75,674 |
| TOTAL ASSETS |
445,072 |
391,026 |
| | |
| (in thousands of U.S. dollars) | | |
| Equity |
|
|
| Share capital |
10 |
10 |
| Additional paid in capital |
43,515 |
43,515 |
| Other components of equity |
3,695 |
5,681 |
| Retained earnings |
25,074 |
21,059 |
| Shareholders' equity |
72,294 |
70,265 |
| Non-controlling interests |
2,406 |
2,400 |
| Total equity |
74,700 |
72,665 |
| | |
| Liabilities |
|
|
| Insurance liabilities |
220,759 |
186,976 |
| Due to reinsurers |
105,901 |
87,060 |
| Deferred tax payable |
7,389 |
7,106 |
| Current tax payable |
1,221 |
1,201 |
| Lease liabilities |
1,741 |
2,315 |
| Accounts payable and accrued liabilities |
10,818 |
12,731 |
| Loan payable |
22,543 |
20,972 |
|
370,372 |
318,361 |
| | |
| TOTAL EQUITY AND LIABILITIES |
445,072 |
391,026 |