Account Receivables of Insurance Transactions

Particulars

30 June 2018

30 June 2017

Premiums under Collection

72091470

83336115

Current Account of Insured

76255694

147626276

Post-dated Cheques

86662384

97104852

Dishonored Cheques + subject to litigation

2415710

4856197

Total

237425258

332923440

Provision for Insurance Operation Debtors

(18826638)

(20049723)

Net

218598620

312873717

 It is noteworthy that the collection ratio for 2017/2018 reached 82% versus 67 % for the last year