Home Tag "IronRock Insurance Company Limited"

IronRock’s 2018 Results Demonstrate Success of Management’s Approach to Underwriting, Risk Selection and Pricing – Thwaites

IronRock Insurance Company Limited is reporting an operating profit of JA$8.4m for the quarter and has ended the year 31th December 2018 with a profit of $0.8m. This result the company reports is a significant improvement over the prior year loss of $47.9m. Managing Director R. Evan Thwaites commenting on the unaudited financial statements reported […]

Angostura Holdings Limited Reporting Increased Profit After Tax Of TT$18.8M Or 16.9% For The Fiscal Year 2018

Ironrock Insurance Company Mark Their First Ever Quarter With A Trading Profit

The Directors of IronRock Insurance Company Limited (“IronRock”) have released unaudited financial statements for the quarter ended 30th September 2018, reporting a trading profit of JA$1.1m for the quarter. Commenting on the financial results Managing Director R. Evan Thwaites said this marks the first quarter of profit for IronRock and although the trading loss for […]

Angostura Holdings Limited Reporting Increased Profit After Tax Of TT$18.8M Or 16.9% For The Fiscal Year 2018

IronRock Looks To New Technological Solutions To Reverse 2017 Underwriting Loss Of JA$60.6 Million- Thwaites

R. Evan Thwaites Managing Director of IronRock Insurance Company is expecting that their continued investment in and implementation of new technological solutions that simplify the processes associated with writing insurance and particularly, personal lines business, will reverse a 2017 underwriting loss of JA$60.6 million versus JA$39.5 million in 2016. The company’s net result for the […]

Angostura Holdings Limited Reporting Increased Profit After Tax Of TT$18.8M Or 16.9% For The Fiscal Year 2018

Difficult Market Conditions Impacting IronRock’s Performance

R. Evan Thwaites Managing Director of IronRock Insurance Company is expecting that their continued investment in and implementation of new technological solutions that simplify the processes associated with writing insurance will reverse a 2017 underwriting loss of JA$60.6 million versus JA$39.5 million in 2016. The company’s net result for the period was an increased loss […]

itelbpo Expanding Its Operation in Kingston

IronRock Reporting Negative EPS Of 23 Cents In First Full Year Of Operation

William McConnell Chairman of IronRock Insurance Company Limited is reporting a total comprehensive loss JA$44.8 million and negative earnings per share of 23 cents, this as the company completes its first full year of operation. Gross Premium Written amounted to $127.3 million, with approximately 20% being business placed directly by clients and 80% generated from […]

Angostura Holdings Limited Reporting Increased Profit After Tax Of TT$18.8M Or 16.9% For The Fiscal Year 2018