The profit achieved by the Company in 2010 is in great part contributed to by the positive technical result, given our lower investment income when compared to 2009.

The surplus of income over expenditure is also attributable to savings achieved on the side of the Company's administrative expenses.

In 2010, the Company achieved a gross profit of 40,981,246 HRK, with net profit after tax amounting to 32,149,695 HRK. Our net profit exceeds the plan by 10.86%.

On the basis of the profit achieved, a dividend of 150 HRK per share will be distributed, giving an 18.75% return on equity nominal value stock.
















We will continue focusing on the maintainance and improvement of our strong business performance to the benefit of our shareholders.

We remain thankful for the business support from our main cedant Croatia Osiguranje as well as from our other cedants. In return, as a token of our gratitude, we continuously endevour to improve our services and maintain profitability to the satisfaction of all those who participate in the Company's business operations.

Unreserved thanks to the Company's staff for their professional skills in the accomplishment of all tasks, as well as to the management, who, in respect of their knowledge and commitment, make a great and positive contribution toward enhancing the Company's sustained comparative advantage.