Investments

Net amount invested in 30/6/2014 was 585 million LE comparing 611 million. Net revenue from this investments was achieved 47.20 million LE by the company

as average rate of return was 8.10%

 

 

These investments was distributed to a numbers of channels, as follows:

 

Statement

Value in
30/6/2014

relative
weight%

Value in
30/6/2015

relative
weight%

Lands and Real estates 

8115927

1.39%

8445318

1.4 %

Securities (stocks)

58252621

10%

59250166

9.70 %

Bills and bonds

264677450

45.19%

289863251

47.45%

Investment Certificates

0

0

0

0

Bank Deposits

252348840

43.09%

251931889

41.2%

Investment portfolios handled by third party

1935040

0.33%

1552762

0.25%

Investment Fund Securities

0

0

0

0

Loans on securities

0

0

0

0

Total

585329878

100%

611043386

100 %

 

 

 

 

 

 

 

 

Seeking to get the highest return was considered for investment portfolios in order to avoid risks and provide the probable highest liquid cash so we can meet our commitments toward policyholders and beneficiaries
=> It should be noted that for securities (shares) includes LE 24 million of value of the company's contribution to foundation of Suez Canal company for Life Insurance by 0.80% of corporate capital
=>Reduction of invested amount of money could be attributed to increase the number of insurance debtors and fulfill the company's obligations toward policyholders and beneficiaries. For this purpose, the company was driven to act with some of securities and overdraft against investments, in order to provide required liquid cash. There was an impact on reduction of investment return and followed by increasing of interest paid which had a negative impact on net Profitability