Sunday 16 November 2008

Company report ---ADVENT CAPITAL(HOLDINGS),PLC

Advent is a well-established reinsurance and insurance company which has traded for more than 30 years through syndicate 780 at Lloyd's. Beginning in January 2007,the company commenced underwriting through a wholly owned subsidiary,Advent Re,based in Bermuda.The company predominantly writes property insurance and reinsurance business,with its catastrophe exposed reinsurance business increasingly balanced by its direct insurance and specialised lines classes including energy loss. That's is about this company's job It's underwriting.
So now let's have a look the finance report:Shall we compare 2007 with 2006
2006 2007
Gross premiums written 115.4 126.9
Net premiums written 88.2 106.2
Net premiums earned 81.7 96.0
Underwriting profit(loss) 21.1 20.9
Profit(loss)before tax 22.9 25.2
profit(loss)after tax 16.0 19.1
Return on equity 25.1% 21.6%
(资本权益报酬率)
So you could see the revenue of this company is raising from 2006 to 2007. From now I have known a point that is the company report is used show their shareholders about the company's information.To make the shareholders to decide buy or not buy their shares.So the company report is the thing which can help the company to sell their shares.So to have a good company report is very important.And it is must be true. So I think this company report can help ADVENT CAPITAL(HOLDINGS) sells their shares not only because the revenue is gaining but also because this company's business is about underwriting so I think it might be more stable. So I think this company is a successful company,a successful business.
So the website of this company is www.adventgroup.co.uk
welcom to have a look .. HAHA.... That's all.

1 comment:

chris sivewright said...

You were supposed to write about the company, describe it, its products etc

You have done none of this.